Xau/Usd : 02/12/2015 Technical Analysis Report
2nd December 2015
CFX Admin
Our Preference: Sell below 1074 for the target 1158 levels.
Alternative Scenario: Nill
Technical Commentary:- In Daily Chart :- Gold was trading in the equidistant channel lines and now its trading near upper channel line so we can sell near upper channel line 1074 levels :- which we have shown in attached image.
In 4 hour chart :- Gold was trading in the triangle pattern and its trading near resistance level of horizontal line and its trading near upper trend line so we can except on selling side :- which we have shown in attached image.
In 1 hour chart :- Gold was broken the triangle pattern on lower side and its trading near upper trend line so its confirming for the selling side :- which we have shown in attached image.
Gbp/Usd : 02/12/2015 Technical Analysis Report
2nd December 2015
CFX Admin
Our Preference: Sell Below 1.5120 for the target 1.5000 levels.
Alternative Scenario: Nill.
Technical Commentary :- In Daily Chart :- After testing the key resistance level GbpUsd was came back and closed on lower side and its closed below the resistance level so its confirming for the selling side so we can sell near resistance level :- which we have shown in attached image.
In 4 Hour Chart and In 1 hour chart :- Last 2 days GbpUsd was trading in the range bound pattern between key resistance and key support level and new upper trend line was formed so we can sell near upper trend line and we can except upto next key support levels :- which we have shown in attached image.
Eur/Usd : 02/12/2015 Technical Analysis Report
2nd December 2015
CFX Admin
Our Preference: Sell below 1.0660 for the target of 1.0560 levels.
Alternative Scenario: Nill
Technical Commentary: In Daily chart :- EurUsd was broken the Equidistant channel lines and its broken the key resistance level and yesterday EurUsd was closed on higher side with bullish candle so today we can except correction upto next resistance levels:- which we have shown in attached image.
In 4 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.
In 1 hour chart :- Eur/Usd was broken the triangle pattern on lower side and major key resistance level was formed at 1.0640 so we can except on selling side near resistance level :- which we have shown in attached image.
Eur/Jpy : 01/12/2015 Technical Analysis Report
1st December 2015
CFX Admin
Our Preference: Buy Above 129.80 for the target of 130.75 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart,4 Hour Chart and In 1 Hour chart :- EurJpy given good support of last 4 days low so we can buy near intraday support level and we can except upto upper trend line :- We have shown in above image.
Usd/Chf : 01/12/2015 Technical Analysis Report
1st 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 :- Last week UsdChf was broken yearly high and its closed above yearly high and its closed as bullish candle and its trading in the equidistant channel line and trading above the key resistance level 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 in the yearly high and its trading above the key resistance level 1.0200, so we can buy near intraday support levels :- we have shown in above image.