Xau/Usd : 06/05/2015 Technical Analysis Report
6th May 2015
CFX Admin
Our Preference: Sell below 1200 levels for the target 1180 and 1170 levels with tight stoploss of 1210.
Alternative Scenario: Nill
Technical Commentary :- In Daily chart and In 4 hour chart :- Gold was trading in the range bound pattern between key resistance and key support levels and it was trading below the upper trend line, so further we can except upto next key support levels 1170 and 1160 levels.
1 hour chart :- Gold was trading in the triangle pattern and the pair trading near key resistance level ,so we can sell near key resistance level :- which we have shown in attached image.
Gbp/Usd : 06/05/2015 Technical Analysis Report
6th May 2015
CFX Admin
Our Preference: Sell Below 1.5220 and 1.5280 levels for the target 1.5150 and 1.5080 levels.
Alternative Scenario: Nill
Technical Commentary: In Daily chart:- GbpUsd was broken the lower trend line and its broken major key support level 1.5280 and 1.5230 levels now the pair is trading near key resistance so we can except upto next key support 1.5000 levels :- which we have shown in attached image.
In 4 hours chart :- GbpUsd was trading with upper trend line and near key resistance level,In 1 hour chart :- Gbp/Usd was trading in equidistant channel, so we can sell near key resistance levels :- which we have shown in attached image.
Eur/Usd : 06/05/2015 Technical Analysis Report
6th May 2015
CFX Admin
Our Preference: Buy above 1.1180 levels for the target of 1.1220 and 1.1280 levels.
Alternative Scenario: nill
Technical Commentary: In Daily chart :- After testing the key support level of 1.1080 level, Eur/Usd truns to buying side and yesterday Eur/Usd was closed on higher side,so today we can except on buying side upto next resistance level 1.1280, So we can buy near the key support level 1.1160 for the target of 1.1280 levels with stoploss below 1.1080.
In 4 hour chart :- Eur/Usd was broken upper trend line and now its trading above the key support level 1.1130.
In 1 hour chart :- Eur/Usd was trading in the range bound pattern between key resistance and key support levels so we can buy near intraday support levels :- We have shown in attached image.
Eur/Jpy : 04/05/2015 Technical Analysis Report
4th May 2015
CFX Admin
Our Preference: Buy Above 133.20 for the target of 133 and 134 Levels
Alternative Scenario: Nill
Technical Commentary :- In weekly Chart :- EurJpy was broken key resistance level of 131.50 and last week its was closed on higher side, In Daily chart :- EurJpy was broken the equidistant channel lines on upper side and the pair broken the key resistance level so further we can except on higher side :- We have shown in image.
In 4 hour chart :-Eur/Jpy was trading in the equidistant channel lines so we can buy near lower channel line 133.20 levels, In 1 hour chart : - Eur/Jpy was moving with lower trend line and trading above the key support level so we can buy near 133.20 levels :- We have shown in image.
Usd/Chf : 04/05/2015 Technical Analysis Report
4th May 2015
CFX Admin
Our Preference: Sell Below 0.9500 levels for the target of 0.9400 and 0.9300 levels.
Alternative Scenario: Nill
Technical Commentary : In weekly Chart and In Daily Chart :- Usd/chf was broken the triangle pattern on lower side and major key support level also broken so we can sell near key resistance level 0.9500.
In 4 hour chart and In 1 hour chart:- UsdChf was moving with upper trend line so we can sell near upper trend line and key resistance level 0.9500 :- we have shown in above image.
