Xau/Usd : 14/12/2015 Technical Analysis Report
14th December 2015
CFX Admin
Our Preference: Sell Below 1080 for the target 1058 levels.
Alternative Scenario: Nill
Technical Commentary:- In Weekly Chart :- Last week Gold was closed below the resistance level and closed as bearish candle so this week we can except on selling side with stoploss above last 2 weeks high of resistance :- which we have shown in attached image.
In Daily Chart :- Gold was trading in the sideways movement between key resistance and key support level and last day its was closed below the resistance level and trading with upper trend line so today we can except on selling side upto next support levels :- which we have shown in attached image.
In 4 Hour Chart and In 1 Hour Chart :- Gold was trading in the intraday triangle pattern on lower side and its trading in the sideways movement between key resistance level and key support levels and now its was trading near key resistance level of upper trend line, so we sell near resistance level and except upto next key support levels:- which we have shown in attached image.
Gbp/Usd : 14/12/2015 Technical Analysis Report
14th December 2015
CFX Admin
Our Preference: Buy Above 1.5190 for the target 1.5240 levels.
Alternative Scenario: Sell Below 1.5160 for the target 1.5100 levels.
Technical Commentary :- In Weekly Chart :- Last week GbpUsd was closed on higher side as bullish candle and its was closed above the key resistance level of horizontal line and its trading below the upper trend line so we can except on buying side upto next resistance of upper trend line level :- which we have shown in attached image.
In Daily Chart :- last day GbpUsd was closed on higher side as bullish candle and now GbpUsd was trading near upper trend line and trading below the resistance level of horizontal line If upper trend line breaks means we can except on buying side upto to that we can except on selling side by keeping stoploss above the upper trend line and resistance level :- which we have shown in attached image.
In 4 Hour Chart :- GbpUsd was trading in the equidistance channel lines and its was trading in the sideways movement between key resistance level and key support level so we can sell near intraday resistance levels and except upto next key support level :- which we have shown in attached image.
In 1 Hour Chart :- GbpUsd was broken the upper trend line of the triangle pattern now this upper trend line acting as support level so we can buy near the trend line and except upto next key resistance level :- which we have shown in attached image.
Gbp/Usd : 14/12/2015 Technical Analysis Report
14th December 2015
CFX Admin
Our Preference: Buy Above 1.5190 for the target 1.5240 levels.
Alternative Scenario: Sell Below 1.5160 for the target 1.5100 levels.
Technical Commentary :- In Weekly Chart :- Last week GbpUsd was closed on higher side as bullish candle and its was closed above the key resistance level of horizontal line and its trading below the upper trend line so we can except on buying side upto next resistance of upper trend line level :- which we have shown in attached image.
In Daily Chart :- last day GbpUsd was closed on higher side as bullish candle and now GbpUsd was trading near upper trend line and trading below the resistance level of horizontal line If upper trend line breaks means we can except on buying side upto to that we can except on selling side by keeping stoploss above the upper trend line and resistance level :- which we have shown in attached image.
In 4 Hour Chart :- GbpUsd was trading in the equidistance channel lines and its was trading in the sideways movement between key resistance level and key support level so we can sell near intraday resistance levels and except upto next key support level :- which we have shown in attached image.
In 1 Hour Chart :- GbpUsd was broken the upper trend line of the triangle pattern now this upper trend line acting as support level so we can buy near the trend line and except upto next key resistance level :- which we have shown in attached image.
Eur/Usd : 14/12/2015 Technical Analysis Report
14th December 2015
CFX Admin
Our Preference: Buy Above 1.0950 for the target of 1.1040levels
Alternative Scenario: Sell Below 1.0930 for the target of 1.0880 levels
Technical Commentary: In Weekly Chart :- Last week EurUsd was Closed on higher side with bullish candle and its closed below the resistance 1.1100 levels of horizontal line so this week we can except upto key resistance level :- which we have shown in attached image.
In Daily chart :- EurUsd was trading below the upper trend line and its trading below the key resistance 1.1100 levels so we can sell near key resistance level of horizontal line and we can except on selling side upto next support levels :- which we have shown in attached image.
In 4 Hour Chart :- EurUsd was trading below the upper equidistant channel line and trading below key resistance level of horizontal line and now its trading in the triangle pattern and now its trading near lower trend line, so we can buy near key support level and except upto next resistance levels or If lower trend line breaks means we can except on selling side :- which we have shown in attached image.
In 1 Hour Chart :- EurUsd was trading near lower trend line so we can except on buying side from lower trend line upto next key resistance level of upper trend line :- which we have shown in attached image.
Eur/Jpy : 11/12/2015 Technical Analysis Report
11th December 2015
CFX Admin
Our Preference: Sell Below 133.60 for the target of 132.50 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart :- EurJpy was trading with upper trend line and yesterday it was closed as bearish candle and closed below the key support level of horizontal line so today we can except on sellind side :- We have shown in above image.
In 4 Hour Chart :- EurJpy was trading in the equidistant channel lines and trading near upper trend line so we can sell near upper channel line and except upto next key support levels :- We have shown in above image.
In 1 Hour chart :- EurJpy was trading below the upper trend line and now its trading below key support level so we can sell near intraday resistance level and except upto key support level :- We have shown in above image.
