Usd / Chf : 16/07/2014 Technical Analysis Report
16th July 2014
CFX Admin
Our Preference: Long positions above 0.8945 with stoploss of 0.8910 target of 0.9000 .
Alternative Scenario: Nil
Technical Commentary: On daily chart,4 hour and 1 hour chart Usd Chf was broken Triangle pattern with key resistance on upper side so further we can except upto on upper side next key resistance levels.
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Eur/Usd : 16/07/2014 Technical Analysis Report
16th July 2014
CFX Admin
Our Preference: Short below 1.3585 with stoploss of 1.3620 and the target of 1.3540.
Alternative Scenario: Nill.
Technical Commentary: Euro was broken triangle pattern and Equi distance on lower side so we can except lower side to key support level.
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EurJpy : 15/07/2014 Technical Analysis Report
15th July 2014
CFX Admin
Our Preference: Buy above 138.30 with tight stoploss137.90 target of 139.00.
Alternative Scenario: : Nill .
Technical Commentary: Yesterday Eur Jpy broken the triangle pattern on upper side So further today move will higher.
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Usd Jpy : 15/07/2014 Technical Analysis Report
15th July 2014
CFX Admin
Our Preference: Buy above 101.50 with tight stoploss101.20 target of 101.80.
Alternative Scenario: : Nill
Technical Commentary: Usd Jpy was broken the triangle pattern on upper side and it was trading above the triangle pattern since yesterday so we can buy at support level 101.50.
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Gold ( Xau / Usd ) : 15/07/2014 Technical Analysis Report
15th July 2014
CFX Admin
Our Preference: Long position above 1305 target of 1316 & 1326 with stoploss below 1300.
Alternative Scenario: Short below 1300 target of 1394 & 1388 with stoploss below 1306.
Technical Commentary: Yesterday Gold was crashed lower for 37 $ From 1340 Levels to 1303 Levels ,Now it was trading in short term major key support level of 1304, We preferred for buy with low stoploss and achieve higher profit because last week it was closed on higher If our stoploss trigger we will sell below key support level of 1300.
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