Xau/Usd : 04/05/2015 Technical Analysis Report
4th May 2015
CFX Admin
Our Preference: Sell below 1192 levels for the target 1180 and 1170 levels with tight stoploss .
Alternative Scenario: Nill
Technical Commentary :- In weekly chart :- After testing the key resistance level Gold was came down and closed lower on last week, so further we can except upto next key support levels 1170 and 1160 levels.
In Daily chart :- yesterday Gold was closed below key support level 1190 levels and the pair was trading between major key support and resistance levels, so we can except range bound between key resistance and key support.
In 4 hour chart and 1 hour chart :- Gold was trading between upper trend line and lower trend line so we can sell near key resistance level 1192 and upper trend line 1192 :- which we have shown in attached image.
Gbp/Usd : 04/05/2015 Technical Analysis Report
4th 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 Weekly Chart :- After testing the key resistance level GbpUsd was came down and closed lower on last week, Further we can except some on selling side.
In Daily chart:- GbpUsd was broken the lower trend line and major key support level 1.5280 and 1.5230 levels so we can except upto next key support 1.5000 levels :- which we have shown in attached image.
In 4 hours chart :- GbpUsd was broken the equidistant channel lines on lower side and its conforming for selling side,1 hour chart :- Gbp/Usd was broken the lower trend line and the pair is conforming for selling trend so we can sell near intraday resistance levels :- which we have shown in attached image.
Eur/Usd : 04/05/2015 Technical Analysis Report
4th May 2015
CFX Admin
Our Preference: Sell Below 1.1280 levels for the target of 1.1150 and 1.1080 levels.
Alternative Scenario: Buy above 1.1080 levels for the target of 1.1150 and 1.1280 levels.
Technical Commentary: In Weekly Chart :- Last week Eur/Usd was closed above the key resistance level 1.1080 levels and its closed on higher side and its broken upper trend line and the pair reached key resistance of 1.1280 levels so further we can except sideways moments between key support level 1.1080 and key resistance level 1.1280.
In Daily chart :- After Testing the key resistance level of 1.1280 level the Eur/Usd was closed on lower side,so today we can except some correction upto next support levels,we can sell below the key resistance level 1.1280 for the target of 1.1080 levels.
In 4 hour chart and In 1 hour chart :- Eur/Usd was trading with lower trend line and trading above the key support level, we except sideways movement between key resistance level and key support level :- We have shown in attached image.
Eur/Jpy : 27/04/2015 Technical Analysis Report
27th April 2015
CFX Admin
Our Preference: Buy Above 129 for the target of 130 Levels
Alternative Scenario: Nill
Technical Commentary :- In Daily chart :- EurJpy was broken the triangle pattern on upper trend line of higher side and it was trading in the range bound pattern between key support level 127 and key resistance level 130 levels and the pair was moving with lower trend line, so we can buy near key support level 129 :- We have shown in image.
In 4 hour chart and In 1 hour chart :-Eur/Jpy was trading in the equidistant channel lines and trading above the key resistance levels 128.60 so we can except sideways movements, so we can buy on intraday support levels : - We have shown in image.
Usd/Chf : 27/04/2015 Technical Analysis Report
27th April 2015
CFX Admin
Our Preference: Buy above 0.9480 levels for the target of 0.9600 and 0.9720 levels.
Alternative Scenario: Nill
Technical Commentary : In weekly Chart and In Daily Chart :- UsdChf was trading in the triangle pattern and major key support level was formed and the pair was trading in the range bound pattern between key resistance and key support levels.
In 4 hour chart and In 1 hour chart:- UsdChf was trading in the triangle pattern and trading above key support level 0.9500 and UsdChf was trading in the range bound pattern so its confirming for buying zone levels so we can buy near lower trend line with tight stoploss :- we have shown in above image.
