Xau/Usd : 26/03/2015 Technical Analysis Report
26th March 2015
CFX Admin
Our Preference: Buy above 1200 level for the target 1220 & 1224 level.
Alternative Scenario: Nill .
Technical Commentary :- In weekly Chart : Gold was trading above last week high and its trading above the key resistance level and upper trend line so we can buy near intraday support levels. In Daily Chart :- Yesterday gold was closed above the last week high so its confirming for buying trend upto next resistance level 1220 $ :- we have shown in above image.
In 4 hour chart :- Gold was trading in the equidistant line and its trading near lower channel line, so we can buy above yesterday high 1198 level and for the target upto 1220 & 1224 level of next resistance:- we have shown in above image.
In 1 hour chart :- Gold was trading in the equidistant channel lines with yesterday high and intraday resistance of 1200 levels, If it breaks 1200 leavel means it will move higher upto next resistance level so we can buy above 1200 level :- we have shown in above image.
Gbp/Usd : 26/03/2015 Technical Analysis Report
26th March 2015
CFX Admin
Our Preference: Sell below 1.4950 for the target of 1.4850 & 1.4750.
Alternative Scenario: Nill
Technical Commentary: In Daily chart, Gbp/Usd was trading in range bound pattern between 1.5000 to 1.4700 levels and its trading with upper trend line and we have a good major support levels of 1.4820 & 1.4720, so we can except to sell below upper trend line 1.5000 levels for the target of 1.4820 :- We have shown in attached image.
In 4 hour chart and 1 hour chart :- Gbp/Usd was trading in the triangle pattern and its trading below the key resistance level so we can sell below key resistance level and upper trend line 1.5000 levels :- We have shown in attached image.
Eur/Usd : 26/03/2015 Technical Analysis Report
26th March 2015
CFX Admin
Our Preference: Sell positions below 1.1030 level for the target 1.0850 & 1.0750 in extension.
Alternative Scenario: Nill
Technical Commentary: In Daily chart, Eur/Usd was trading in the triangle pattern and also its trading with equidistant channel lines,Both triangle pattern and equidistant channel lines reached upper lines, so we can sell below upper lines of triangle pattern and equidistant channel lines @ 1.1030 level with the stoploss of 1.1100 level for the target of 1.0850 & 1.0750 :- We have shown in attached image.
In 4 hour chart :- Eur/Usd was trading in the equidistant channel lines and its trading near upper trend line,If it breaks lower trend line means its more conformation for selling trend so we sell below 1.0960 level :- We have shown in attached image.
In 1 hour chart :- Eur/Usd was trading below two upper trend line levels 1.1020 and we got key resistance level @ 1.1030, So we can sell near resistance levels :- We have shown in attached image.
Eur/Jpy : 25/03/2015 Technical Analysis Report
25th March 2015
CFX Admin
Our Preference: Sell below 132.00 for the target of 130.00.
Alternative Scenario: Nill
Technical Commentary: In Daily chart :- Eur/Jpy was trading in the equidistance channel lines with key resistance level @ 132.00 so we can sell below 132.00 :- We have shown in image.
In 4 hour chart Eur/Jpy was trading in the triangle pattern and its trading near upper trend line so we can sell near upper trend line @ 132.00 level :- We have shown in image.
In 1 hour chart, EurJpy was trading in the equidistant channel lines and its trading near key resistance levels so we can sell near key resistance level below 132.00 and we can except sideways moments next support levels : - We have shown in image.
Usd/Chf : 25/03/2015 Technical Analysis Report
25th March 2015
CFX Admin
Our Preference: Buy above 0.9550 level for the target of 0.9630 level.
Alternative Scenario: Nill
Technical Commentary : In daily chart,UsdChf was trading in the selling trend with the broken of equidistant channel lines on lower side and now its trading on selling equidistant channel lines and yesterday its reached good support level of 0.9550, so we can buy near the key support level 0.9550 level :- we have shown in above image.
In 4 hour chart, Usd/Chf was trading below upper trend line and key support line was coming around 0.9550 so we can buy near the key support level 1.0550 :- we have shown in above image.
