Xau/Usd : 23/03/2015 Technical Analysis Report
23rd March 2015
CFX Admin
Our Preference: Buy above 1180 with stoploss below 1172 $ for the target of 1192 $ and 1200 $.
Alternative Scenario: Nill .
Technical Commentary :- In weekly chart : Last week Gold was closed above last week high and its closed on higher side and its conforming for that buying trend because after testing the lower trend line gold was closed on higher side and broken key resitantce level so we buy near key support levels.
In Daily chart :- last 3 days gold was closed on higher side and its broken upper trend line and closed above key resistance levels, so we can buy near key support levels :- we have shown in above image.
In 4 hours chart :- Gold was broken the equidistant line on upper side and its broken key resistance level 1175 levels so next we can except upto next resistance level 1200 Ounces.
In 1 hour chart, Gold was trading in Equidistance channel lines and we can buy near lower channel line 1180 levels and its broken all minor resistnace levels on last week :- we have shown in above image.
Gbp/Usd : 23/03/2015 Technical Analysis Report
23rd March 2015
CFX Admin
Our Preference: Sell below 1.5000 for the target of 1.4850.
Alternative Scenario: Nill
Technical Commentary: In weekly chart : Gbp/Usd was closed on higher side after tested back from May2013 low,now its trading in the key resistance level is 1.5000 level :- We have shown in attached image.
In Daily chart, Eur/Usd was trading below key support levels and yesterday it was closed above the key support level 1.4830 level So we can except upto next key resistance level 1.5000.
In 4 hour chart and 1 hour chart :- Gbp/Usd was trading in the triangle pattern near upper trend line and trading below key resistance level so we can sell near key resistance level and upper trend line so today we can sell near key resistance @ 1.5000 Levels:- We have shown in image.
Eur/Usd : 23/03/2015 Technical Analysis Report
23rd March 2015
CFX Admin
Our Preference: Sell positions below 1.0920 for the target 1.0700 in extension.
Alternative Scenario: Buy above 1.0960 for the target of 1.1130.
Technical Commentary: In weekly chart : Eur/Usd was closed on higher side after tested back from 2003 yearly low,now its started to move next resistance level is 1.1010 level :- We have shown in attached image.
In Daily chart, Eur/Usd was moving in the triangle pattern and also its moving in the equidistant channel line and yesterday it was closed above the key support level 1.0750 level So we can except upto upper trend line and next key resistance level.
In 4 hour chart :- Eur/Usd was trading in the equidistant channel lines and now its trading near resistance line @ 1.0900 level & In 1 hour chart :- Eur/Usd was trading near key resistance levels. So we can sell near resistance level @ 1.0900 Levels.
Eur/Jpy : 20/03/2015 Technical Analysis Report
20th March 2015
CFX Admin
Our Preference: Sell below 129.30 for the target of 128.50.
Alternative Scenario: Nill
Technical Commentary: In Daily chart :- Eur/Jpy was broken the upper trend line and yesterday Eur/Jpy was closed below key support level ,now this key support level is acting as key resistance level line 129.20 ,so we can sell near key resistance level :- We have shown in image.
In 4 hour chart & 1 hour chart, Eur/Jpy was formed new upper trend line and lower trend line with key resistance line,
In 1 hour chart,EurJpy was trading the equidistant channel lines and its trading above the key resistance level 129.00, so today we can except sideways moments in between resistance and support levels: - We have shown in image.
Usd/Chf : 20/03/2015 Technical Analysis Report
20th March 2015
CFX Admin
Our Preference: Sell below 0.9900 level for the target of 0.9800 level.
Alternative Scenario: Nill
Technical Commentary : In daily chart,UsdChf was trading below equidistant channel lines,Key resistance line near by 1.9980 levels, Now previous support line acting as the resistance line, so we can sell near the key resistance level 1.000 & 0.9980 levels.
In 4 hour chart and In 1 hour chart, Usd/Chf was formed new upper trend line and its acting as intraday resistance line and key support line also formed so we can except some sideways moments ,we can sell near upper trend line.
