Gbp/Usd : 04/03/2015 Technical Analysis Report
4th March 2015
CFX Admin
Our Preference: Sell below1.5400 with target of 1.5330 & 1.5300 in extension
Alternative Scenario: Nill
Technical Commentary: In daily chart :- yesterday Gbp/Usd was closed below intraday key resistance line, So we can sell near resistance @ 1.5400 :- We have shown in image.
In 4 hours chart & 1 hour chart Gbp/Usd was broken the equidistance channel lines on lower trend line and its trading in triangle pattern with near upper trend line so we can sell below 1.5400 and expect correction upto next key support levels 1.5340 & 1.5300 :- We have shown in image.
Eur/Usd : 04/03/2015 Technical Analysis Report
4th March 2015
CFX Admin
Our Preference: Sell positions below 1.1200 with stoploss of 1.1350 and target 1.1150 & 1.1100 in extension
Alternative Scenario: Nill
Technical Commentary: In Weekly chart,Eur/Usd was closed below last 3 week low, broken weekly key support level line, now its trading below last 3 weeks low, So its confirming that next move will try to test yearly low @ 1.1100 :- We have shown in image.
In Daily chart ,Eur/Usd continue to trading below key support level and last 3 days its was trading in equidistant lines and last 3 days there is no buying volume to close on higher side, so we can sell near key resistance level 1.1200 & 1.1260 and we can exit upto 1.1100 which is the support level of yearly low.
In 4 hours chart, Eur/Usd was given key resistance level @1.1230 and we can see double top and we can see intraday upper trend line so we can sell near @ 1.1200 Level.
In 1 hour chart, Eur/Usd was trading below equidistant channel (lower line) and for intraday its trading between upper trend line and lower trend line, so we can go on selling side near upper trend line.
Eur/Jpy : 02/03/2015 Technical Analysis Report
2nd March 2015
CFX Admin
Our Preference: Sell below 134.60 With tight Stoploss of 135.20 for the target of 133.50 & 132.50 levels.
Alternative Scenario: Nill
Technical Commentary: In daily chart :- Eur/jpy was broken the triangle pattern on lower trend line and its reached key support level, now Eur/Jpy was moving near key resistance line so we can sell near key reisitance line upto to next key support level :- We have shown in image.
In 4 hour & 1 hour chart, Eur/Jpy was broken the triangle pattern on lower side,now its trading above the key support level and near to previous support level of lower trend line , now the previous lower trend line acting as key resistance level.
Usd/Chf : 02/03/2015 Technical Analysis Report
2nd March 2015
CFX Admin
Our Preference: Buy above 0.9540 with target of 0.9600 in extension
Alternative Scenario: Nill
Technical Commentary: In weekly chart,Usd/Chf was trading near upper trend line and key resistance line.
In daily chart,Usd/Chf was trading in the Equidistance channel lines and its broken key resistance levels 0.9540 and its moving on towards of next key resistance level 0.9600.
In 4 hour chart ,Usd/Chf was trading in equidistance channel lines and broken intraday upper trend line and now this upper trend line acting as key support line so we can buy near this support line and hold upto next key resistance level of 0.9600 :- We have shown in image.
In 1 hour chart,Usd/Chf was broken triangle pattern on upper side and moving towards to key resistance level.
Xau/Usd : 02/03/2015 Technical Analysis Report
2nd March 2015
CFX Admin
Our Preference: Buy positions Above 1207 with target of 1218 & 1226 in extension.
Alternative Scenario: Nill
Technical Commentary: In Monthly chart we got good lower support trend line and its bounced back from lower trend line and last month closed on higher side.
In Weekly chart and Daily chart Gold was tested lower trend line and its bounced back from the lower trend line and closed above the lower trend line and its trading in the triangle pattern so we got a good support levels.
In 4 hours chart,Gold was trading in Equidistance channel lines and its tested upper trend line so we can except some correction upto long term lower trend line and its trading in triangle pattern so we can buy near lower trend line @ 1207 level. :- we have shown in above image.
In 1 hour chart,Gold was trading in Equidistance channel lines and we can buy near intraday key support level line :- we have shown in above image.
