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Usd/Jpy : 17/06/2014 Technical Analysis Report

17th June 2014 CFX Admin

Our Preference: Long position above 101.70 with target of 102.70 stoploss below 101
Alternative Scenario: Nill Upto closing below 101.00 levels
 
Technical Commentary: On daily chart Usd Jpy trading in Triangle pattern and its trading between the key resistance level of 102.20 and Key support level 101.30 ,The strong foundation of key support @101.30 levels So we can except upper resistance break very soon.
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Gbp Usd : 17/06/2014 Technical Analysis Report

17th June 2014 CFX Admin

 
Our Preference: Buy above 1.6940 With the Target of 1.7000 and 1.7040
Alternative Scenario: Nill
 
Technical Commentary: In 1 hour chart gbpusd given good key support level @ 1.6940, already its was trading in yearly high. So future we can except on buying side but keep stoploss below 1.6940 .
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Usd / Chf : 17/06/2014 Technical Analysis Report

17th June 2014 CFX Admin

Our Preference: Short Positions Below 0.9000 with stoploss of 0.9040 target of 0.8940
Alternative Scenario: Nill upto daily closing above the 0.9010 level 
 
Technical Commentary: Yesterday Chf pulled back from upper trend line and key resistance line so keep stoploss above the upper trend line and key resistance line and move for selling side
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Eur/Usd : 17/06/2014 Technical Analysis Report

17th June 2014 CFX Admin

Our Preference: Long positions above 1.3540 & 1.3500 with target of 1.3600 & 1.3700 in extension
Alternative Scenario: Nill Upto closing below 1.3500 on daily chart
 
Technical Commentary: In 4 hours chart and 1 hour chart Euro broken triangle pattern on upper side and yesterday its bounced back from last week low 1.3511, now its was trading above key resistance levels.
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EurJpy : 16/06/2014 Technical Analysis Report

16th June 2014 CFX Admin

 

Our Preference: Long position above 138.30 with target of 139 with tight stoploss of 137.60.
Alternative Scenario: : Nill Upto Today closing below 137.60
 
Technical Commentary: In Daily EurJpy chart landed very safely to the key support area, its trading between key support level and key resistance levels.
Our subscribers are receive new FOREX SIGNALS for (Eur/Jpy)