Xau/Usd : 01/12/2015 Technical Analysis Report
1st December 2015
CFX Admin
Our Preference: Sell below 1080 for the target 1160 levels.
Alternative Scenario: Nill
Technical Commentary:- In Weekly Chart :- Last week Gold was closed as bearish candle and Gold was trading below last year’s low and key support level broken so its confirming for selling side which we have shown in attached image.
In Daily Chart :- Gold was trading in the equidistance channel line and now its trading near upper channel line so we can sell near major resistance of horizontal line 1080 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 so we can except on selling side :- which we have shown in attached image.
In 1 hour chart :- Gold was trading in the triangle pattern and its trading near upper trend line so its confirming for the selling side :- which we have shown in attached image.
Gbp/Usd : 01/12/2015 Technical Analysis Report
1st December 2015
CFX Admin
Our Preference: Buy Above 1.5050 for the target 1.5120 levels.
Alternative Scenario: Nill.
Technical Commentary :- In Weekly Chart :- GbpUsd was trading in the triangle pattern and last week safely reached lower trend line of key support level and its as bearish candle so this is week we can except some correction from support level and we can except sideways movement :- which we have shown in attached image.
In Daily Chart :- GbpUsd was broken the triangle pattern on lower side and now its trading near previous low come as resistance level so we can sell near resistance level or we can sell near upper trend line :- which we have shown in attached image.
In 4 Hour Chart :- GbpUsd was bounced back from key support level and its broken the upper trend line so we can except on buying side from support levels :- which we have shown in attached image.
In 1 hour chart :- GbpUsd was broken the upper trend line and its trading near resistance level so we can buy near support level :- which we have shown in attached image.
Eur/Usd : 01/12/2015 Technical Analysis Report
1st December 2015
CFX Admin
Our Preference: Sell below 1.0600for the target of 1.0530 levels.
Alternative Scenario: Nill
Technical Commentary: In Weekly Chart :- EurUsd was the trading in the equidistant channel lines and EurUsd was trading near march month low and last two weeks its closed as bearish candle so we can sell near upper trend line and we can except on selling side :- which we have shown in attached image.
In Daily chart :- EurUsd was trading in the Equidistant channel lines and yesterday its closed on lower side with bearish candle and its trading below the key resistance level on horizontal line so we can sell near resistance level of horizontal line :- which we have shown in attached image.
In 4 Hour chart :- EurUsd was trading in the equidistant channel lines and its trading below the resistance level of horizontal line so we can sell near upper trend line and except except upto next support levels :- which we have shown in attached image.
In 1 hour chart :- Eur/Usd was trading in the triangle pattern and its trading near upper trend line so we can go head on selling side near upper trend line :- which we have shown in attached image.
Eur/Jpy : 10/06/2015 Technical Analysis Report
10th June 2015
CFX Admin
Our Preference: Buy above 138.50 for the target of 140.00 Levels
Alternative Scenario: Nill
Technical Commentary :- In Daily chart :- EurJpy was trading in the Equidistant channel line and trading with intraday lower trend line:- We have shown in image.
In 4 hour chart:-Eur/Jpy was trading with lower trend line and trading in the sideways moment between key resistance level and support level so we can buy near lower trend line upto next resistance level.
In 1 hour chart :- EurJpy was trading in the equidistant channel lines and its trading near lower channel line, so we can buy near lower channel line and intraday support levels .
Usd/Chf : 10/06/2015 Technical Analysis Report
10th June 2015
CFX Admin
Our Preference: Buy above 0.9200 levels for the target of 0.9350 levels.
Alternative Scenario: Nill
Technical Commentary : In Weekly Chart :- Last week UsdChf was closed like doji pattern and its trading in the sideways moments between key resistance level and key support level. Now its trading above the last week low and trading above the key support levels so we can except on buy side upto next resistance level.
In Daily Chart :- Usd/Chf was trading in the triangle pattern and trading near lower trend line and trading above the key support level so its conforming for buying zone, we can buy near key support level for the target of next resistance level.
In 4 hour chart :- Usd/Chf was trading in the equidistant channel lines and trading above the lower trend line, so we can except buying zone :- we have shown in above image.
In 1 hour chart :- Usd/Chf was trading in the equidistant channel lines and trading below intraday resistance level so we can except some correction upto next support level and so we can buy near key support level for upto next key resistance level :- we have shown in above image.
