Gbp Usd : 10/07/2014 Technical Analysis Report
10th July 2014
CFX Admin
Our Preference: Buy above 1.7120 With the target of 1.7160 & 1.200 stoploss of 1.7060
Alternative Scenario: Nill
Technical Commentary: Gbpusd was trading above the triangle pattern yesterday it was broken and it was closed above the triangle pattern, it was trading in yearly high, so always keep move on with stop loss with the buying trend.
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Usd / Chf : 10/07/2014 Technical Analysis Report
10th July 2014
CFX Admin
Our Preference: Short Positions Below 0.8920 with stoploss of 0.8960 target of 0.8900 & 0.8800.
Alternative Scenario: Nill upto daily closing above the 0.9010 level
Technical Commentary: Usd Chf was trading in Equi distance, so today we can except future move on lower side to key support levels.
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Eur/Usd : 10/07/2014 Technical Analysis Report
10th July 2014
CFX Admin
Our Preference: Long positions above 1.3630 with stoploss of 1.3560 and the target of 1.3660 & 1.3700 in extension
Alternative Scenario: Sell below 1.3520 With tight Stoploss of 1.3560 ( But Risky Entry ) better wait upto daily closing below 1.3520.
Technical Commentary: In 4 hours chart was trading in Equi distance and In 1 hour chart Euro broken upper line on Equi distance,so today we can except future move on upper side to key resistance levels.
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EurJpy : 09/07/2014 Technical Analysis Report
9th July 2014
CFX Admin
Our Preference: Buy above 138.30 with tight stoploss137.80 target of 138.60 and 139.00.
Alternative Scenario: : Nill .
Technical Commentary: Eur Jpy was trading in range bound pattern with key resistance and key support levels and it was trading in equidistant channel, Strong support was formed @ 138 level and yesterday it was broken intraday upper trend line so further it will move on higher level.
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Usd Jpy : 09/07/2014 Technical Analysis Report
9th July 2014
CFX Admin
Our Preference: Buy above 101.40 with tight stoploss101.00 target of 101.70 and 102.00.
Alternative Scenario: : Nill .
Technical Commentary: Usd Jpy was trading inside the triangle pattern and with range bound pattern between key resistance and key support levels. We can buy above the key Support level 101.40..
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