Xau/Usd : 03/12/2015 Technical Analysis Report
3rd December 2015
CFX Admin
Our Preference: Sell below 1060 for the target 1145 levels.
Alternative Scenario: Nill
Technical Commentary:- In Daily Chart :- Gold was trading in the equidistant channel lines and yesterday its broken the last week low so its confirming for the selling side therefore we can sell near last week low of resistance level :- which we have shown in attached image.
In 4 hour chart :- After testing the upper trend line Gold was broken the key support level so we can except on selling side :- which we have shown in attached image.
In 1 hour chart :- Gold was trading in the equidistant channel lines and its trading below the new intraday upper trend line so we can sell below the intraday resistance levels :- which we have shown in attached image.
Gbp/Usd : 03/12/2015 Technical Analysis Report
3rd December 2015
CFX Admin
Our Preference: Sell Below 1.5000 for the target 1.4870 levels.
Alternative Scenario: Nill.
Technical Commentary :- In Daily Chart :- Yesterday GbpUsd was broken the triangle pattern on lower side and its broken the last week low and its trading below 7 months low so its confirming for the selling side :- which we have shown in attached image.
In 4 Hour Chart :- GbpUsd was broken the triangle pattern on lower side and its broken the key support level and its broken the lower trend line so its confirming for the selling side :- which we have shown in attached image.
In 1 hour chart :- GbpUsd was broken on lower side of the the range bound pattern so we can sell near key resistance level and we can except upto next key support levels :- which we have shown in attached image.
Eur/Usd : 03/12/2015 Technical Analysis Report
3rd December 2015
CFX Admin
Our Preference: Sell below 1.0620 for the target of 1.0560 levels.
Alternative Scenario: Nill
Technical Commentary: In Daily chart :- EurUsd was trading in the Equidistant channel lines and its trading below the key resistance level and its trading near upper channel line and key resistance level so today we can except on selling side :- which we have shown in attached image.
In 4 Hour chart and In 1 hour chart :- EurUsd was trading in the equidistant channel lines and its trading near upper channel line so we can sell near upper trend line and except upto next key support levels :- which we have shown in attached image.
Eur/Jpy : 02/12/2015 Technical Analysis Report
2nd December 2015
CFX Admin
Our Preference: Sell below 131.00 for the target of 130.00 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart :- Yesterday EurJpy closed on higher side with bullish candle and last 4 days low given as good support low so its confirming for the buying side and we can buy near intraday support level and except upto upper trend line :- We have shown in above image.
In 4 Hour Chart :- EurJpy was trading near resistance level of horizontal line and trading near upper trend line and new intraday lower trend line was formed so we can except upto upper trend line line :- We have shown in above image.
In 1 Hour chart :- EurJpy was trading in the sideaways movement and its trading near upper trend line so we can except on buying side upto upper trend line and then it will back to key support level :- We have shown in above image.
Usd/Chf : 02/12/2015 Technical Analysis Report
2nd December 2015
CFX Admin
Our Preference: Buy above 1.0230 level for the target of 1.0320 levels.
Alternative Scenario: Nill
Technical Commentary : In Daily Chart :- Yesterday UsdChf was closed as bearish candle but its was closed above the key support level and lower trend line and its trading in the equidistant channel line and trading near lower channel line so its confirming for the buying side and we can buy near key support level :- we have shown in above image.
In 4 Hour Chart and In 1 Hour Chart :- Usd/Chf was trading in the equidistant channel line and its trading near lower trend line and its trading above the key support level 1.0200, so we can buy near intraday support levels :- we have shown in above image.
