Usd/Chf : 01/04/2015 Technical Analysis Report
1st April 2015
CFX Admin
Our Preference: Buy above 0.9680 level for the target of 0.9750 level.
Alternative Scenario: Nill
Technical Commentary : In daily chart and 4 hour Chart, UsdChf was trading in the triangle pattern and UsdChf broken the key resistance level 0.9700 and yesterday it was closed above the key resistance level 0.9700 level so we can buy above the key support level 0.9700 level :- we have shown in above image.
In 4 hour chart and 1 hour chart :- Usd/Chf was trading in the triangle pattern and Usd/Chf was trading in range bound pattern between key resistance 0.9700 level and key support level 0.9550, so we can buy above the intraday key support level 0.9700 level :- we have shown in above image.
Xau/Usd : 01/04/2015 Technical Analysis Report
1st April 2015
CFX Admin
Our Preference: Buy Above 1180 and 1185 Levels for the target of 1190 and 1195 levels.
Alternative Scenario: Buy above 1200 level for the target 1220 & 1224 level.
Technical Commentary :- In weekly Chart : After testing the last week low, the gold came back higher and closed on higher side ,now gold was trading above the lower trend line so we can buy above 1180 levels and we can except sideways movements upto 1195 levels :- we have shown in above image.
In Daily Chart :- Yesterday gold was closed on bullish candle like hammer so today we except buy near lower support level of 1185 and 1180 ounces:- we have shown in above image.
In 4 hour chart :- Gold was broken the equidistant channel lines on upper side and we have good support level of 1184 levels so we can buy near intraday support levels :- we have shown in above image.
In 1 hour chart :- Gold was broken the triangle pattern with near lower trend line , If lower line breaks means we can except upto 1180 levels :- we have shown in above image.
Gbp/Usd : 01/04/2015 Technical Analysis Report
1st April 2015
CFX Admin
Our Preference: Sell below 1.4870 for the target of 1.4820.
Alternative Scenario: Nill Today
Technical Commentary: In Weekly Chart : Gbp/Usd was trading in the range bound pattern between key resistance @ 1.5020 and key support level @ 1.4710 and yesterday gbp/usd bounced back from last week low so we can except sideways movements :- We have shown in attached image
In Daily chart and In 4 hour chart: Gbp/Usd was trading in the triangle pattern so we can except range bound pattern between upper trend line and lower trend line :-
In 1 hour chart, Gbp/Usd was trading in the equidistance channel lines now its was trading near upper channel line so we can sell below upper channel line for the target upto next support level :- We have shown in attached image.
Eur/Usd : 01/04/2015 Technical Analysis Report
1st April 2015
CFX Admin
Our Preference: Sell positions below 1.0800 level for the target 1.0730 level.
Alternative Scenario: Buy above 1.0820 level for the target 1.0900 level.
Technical Commentary: In Weekly chart, Eur/Usd was trading near last week low 1.0770 levels ,yesterday it was broken and it reached safely to the key support level 1.0730.
In Daily chart, Eur/Usd was trading in the equidistant channel lines and it was trading in the triangle pattern now Eur/Usd was trading near upper trend line so we can sell near upper trend line, If upper trend line breaks means we go for alternative scenario: - We have shown in attached image.
In 4 hour chart :- Eur/Usd was trading near upper channel line of equidistant channel lines and key resistance of upper resistance line is coming around 1.0820 level :- We have shown in attached image.
In 1 hour chart :- Eur/Usd was trading in the triangle pattern and its trading below upper line, So we can sell near resistance levels :- We have shown in attached image.
Usd/Chf : 31/03/2015 Technical Analysis Report
31st March 2015
CFX Admin
Our Preference: Buy above 0.9650 level for the target of 0.9730 level.
Alternative Scenario: Nill
Technical Commentary : In daily chart, Usd/Chf was moving on higher side with lower trend line and it was trading in the range bound pattern between key resistance and support levels:- we have shown in above image.
In 4 hour chart and 1 hour chart :- Usd/Chf was trading in the triangle pattern and Usd/Chf was trading in range bound pattern between key resistance 0.9700 level and key support level 0.9550, so we can buy above the key support level 1.0650 level :- we have shown in above image.
