Xau/Usd : 31/03/2015 Technical Analysis Report
31st March 2015
CFX Admin
Our Preference: Sell below 1190 for the target of 1180 levels.
Alternative Scenario: Buy above 1200 level for the target 1220 & 1224 level.
Technical Commentary :- In Daily Chart :- After 2 weeks gold was closed on lower side and it was closed below key support level So we can sell near resistance level of 1191 :- we have shown in above image.
In 4 hour chart :- Gold was trading in the selling equidistant channel line and its trading near upper channel line 1194 levels so we can sell below upper channel line for the target upto 1185 & 1180 :- we have shown in above image.
In 1 hour chart :- Gold was trading in the triangle pattern and yesterday its broken the key support level of intraday trend line so we can sell below 1191 levels :- we have shown in above image.
Gbp/Usd : 31/03/2015 Technical Analysis Report
31st March 2015
CFX Admin
Our Preference: Sell below 1.4820 for the target of 1.4740.
Alternative Scenario: Nill
Technical Commentary: In 4 hour chart and 1 hour chart, Gbp/Usd was trading in the Equidistant channel lines and it was trading in the range bound pattern between key resistance level and key support level, so we can sell below resistance level 1.4820 :- We have shown in attached image.
Eur/Usd : 31/03/2015 Technical Analysis Report
31st March 2015
CFX Admin
Our Preference: Sell positions below 1.0850 level for the target 1.0800 & 1.0730 in extension.
Alternative Scenario: Nill
Technical Commentary: In Daily chart, Eur/Usd was trading in the equidistant channel lines and In 4 hour chart & In 1 hour chart :- Eur/Usd was trading in the triangle pattern and its trading below key resistance level, So we can sell near intraday resistance levels :- We have shown in attached image.
Eur/Jpy : 30/03/2015 Technical Analysis Report
30th March 2015
CFX Admin
Our Preference: Sell below 132.00 for the target of 130.00.
Alternative Scenario: Nill
Technical Commentary :- In Weekly Chart : Eur/Jpy was trading in the equidistant channel lines and last 3 week high acting as major key resistance level and 130 level is the key resistance because its was previous support level now it acting as key resistance level , so this week we can except to move on lower side :- We have shown in image.
In Daily chart :- Eur/Jpy was trading in the equidistance channel lines and trading below key resistance level 131.50 and yesterday triangle pattern was broken on lower side so we so we can sell below 130.00 and 131.50 levels :- We have shown in image.
In 4 hour chart Eur/Jpy was trading in the triangle pattern and its trading in the range bound pattern between key resistance level and key support level and Eur/jpy was trading near upper trend line so we can sell below upper trend line @ 130.20 level :- We have shown in image.
In 1 hour chart, EurJpy was trading in the equidistant channel lines and its trading near upper trend line, we can except sideways moments and next support levels : - We have shown in image.
Usd/Chf : 30/03/2015 Technical Analysis Report
30th March 2015
CFX Admin
Our Preference: Buy above 0.9550 or 0.9600 level for the target of 0.9680 and 0.9830 level.
Alternative Scenario: Nill
Technical Commentary : In daily chart, Last 4 days UsdChf was closed on higher side and Usd/Chf given key support level @ 0.9550 levels, so we can buy above the key support level 0.9550 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 key support level 1.0550 level :- we have shown in above image.
