Usd/Chf : 10/03/2015 Technical Analysis Report
10th March 2015
CFX Admin
Our Preference: Buy above 0.9850 with target of 0.9900 in extension
Alternative Scenario: Nill
Technical Commentary : In daily chart, Usd/Chf was trading in the Equidistance channel lines and moving towards upper channel line.
In 4 hour chart,Usd/Chf was trading in equidistance channel lines and broken key resistance line 0.9850 and now its trading between upper trend line and lower trend line, In 1 hour chart,Usd/chf was trading in the intraday equidistant channel lines,so we can buy near lower support lines with stoploss :- We have shown in image.
Xau/Usd : 10/03/2015 Technical Analysis Report
10th March 2015
CFX Admin
Our Preference: Sell positions below 1198 with target of 1209 & 1218 in extension and stoploss below 1190.
Alternative Scenario: Nill
Technical Commentary: In Weekly chart Gold was broken lower trend line and closed below lower trend line.In Daily chart ,Gold was broken the triangle pattern on lower side and yesterday its closed below the key support level 1170 levels :- we have shown in above image.
In 4 hours chart, Gold was trading in Equidistance channel lines and its was trading below key resitance level 1175 Level , so we can sell near key resistance line with stoploss above 1190 level :- we have shown in above image.
In 1 hour chart, Gold was trading in the equidistant lines and near intraday key resistance level 1169 level, so we can sell near lower trend line :- we have shown in above image.
Eur/Jpy : 05/03/2015 Technical Analysis Report
5th March 2015
CFX Admin
Our Preference: Sell below 132.30 With tight Stop loss of 131.70 for the target of 133.00.
Alternative Scenario: Nill
Technical Commentary: In daily chart :- Eur/Jpy was broken the triangle pattern on lower side and reached safely to the major key support :- We have shown in image.
In 4 hour chart & 1 hour chart, Eur/Jpy was trading in the equidistant lines now its trading near lower trend line of equidistant line and new upper trend line also forming and trading above major key support level (horizontal line), so we can buy near key support level @ 132.30 with stoploss of 131.70:- We have shown in image.
Usd/Chf : 05/03/2015 Technical Analysis Report
5th March 2015
CFX Admin
Our Preference: Buy above 0.9630 with target of 0.9670 in extension
Alternative Scenario: Nill
Technical Commentary : In daily chart, Usd/Chf was trading in the Equidistance channel lines and its broken key resistance horizontal line level 0.9560 and its moving on towards to test equidistance upper channel line.
In 4 hour chart and 1 hour chart ,Usd/Chf was trading in equidistance channel lines and broken key resistance line 0.9600 and now its trading between upper trend line and lower trend line so we can buy near lower trend line with stoploss :- We have shown in image.
Gbp/Usd : 05/03/2015 Technical Analysis Report
5th March 2015
CFX Admin
Our Preference: Sell below1.5300 with target of 1.5200.
Alternative Scenario: Buy above 1.5350 for the target of 1.5500
Technical Commentary: In daily chart :- yesterday Gbp/Usd was broken key support level line, Now the previous support line acting as key resistance line level, So we can sell near resistance @ 1.5300 upto next level 1.5200 :- We have shown in image.
In 4 hour chart Gbp/Usd was trading below intraday upper trend line and Gbp/Usd was started to trade between key support level and key resistance level so we can except sideways movements.
In 1 hour chart Gbp/Usd was broken the equidistance channel lines on lower side,Now the previous support line acting as key resistance line level.So we can sell near resistance level :- We have shown in image.
