Gbp/Usd : 02/03/2015 Technical Analysis Report
2nd March 2015
CFX Admin
Our Preference: Sell below1.5450 with target of 1.5360 & 1.5200 in extension
Alternative Scenario: Nill
Technical Commentary: In weekly chart GbpUsd was trading below key resistance line @ 1.5500 level amd last week its was closed lower and its couldn’t able to break a last week before week high.
In daily chart :- Gbp/Usd was forming intraday key support level and its trading below key resistance line, So we can sell near resistance @ 1.5500 its confirming that for down :- We have shown in image.
In 4 hours chart & 1 hour chart Gbp/Usd was broken the equidistance channel lines on lower trend line side and its broken key support level So its confirming that on down side, we can sell near key resistance levels @ 1.5450 and expect correction upto next key support levels 1.5330 :- We have shown in image.
Eur/Usd : 02/03/2015 Technical Analysis Report
2nd March 2015
CFX Admin
Our Preference: Sell positions below 1.1250 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 and last month low @ 1.1100 :- We have shown in image.
In Daily chart ,Eur/Usd was closed below lower trend line and its broken major key support level and its confirming that euro was on the side of selling volume so we can sell near key resistance level 1.1260 and we can exit upto 1.1100 which is the support level of yearly low.
In 4 hours chart,Eur/Usd was going to test intraday key resistance level 1.1260 and its forming double top , so we can sell near @ 1.1270 Level.
In 1 hour chart, Eur/Usd was trading equidistant channel line and its broken lower trend line and trading near key support level, so we can go on selling side near resistance levels.
Eur/Usd : 27/02/2015 Technical Analysis Report
27th February 2015
CFX Admin
Our Preference: Sell positions below 1.1270 with stoploss of 1.1350 and target upto 1.1100 in extension
Alternative Scenario: Nill
Technical Commentary: In Weekly chart Eur/Usd was broken last week low & weekly key support level now its trading below last week low So its confirming that next move will try to test yearly low and last month low @ 1.1100 :- We have shown in image.
In Daily chart ,Eur/Usd was broken last 30 days low and its broken major key support level and its confirming that euro was on the side of selling volume so we can sell near key resistance level 1.1270 and exit upto 1.1100 which is the support level of yearly low.
In 4 hours chart,Eur/Usd was broken key support level and we got key resistance level for new sell entry @ 1.1270 Level .
In 1 hour chart, Eur/Usd was broken intraday lower trend line and fall like anything and closed below key support level so we can go on selling side near resistance levels.
Eur/Jpy : 27/02/2015 Technical Analysis Report
27th February 2015
CFX Admin
Our Preference: Sell below 134.20 With tight Stoploss of 135.20 for the target of 133.00 & 132.00 levels.
Alternative Scenario: Nill
Technical Commentary: In daily chart :- Eur/jpy was broken the triangle pattern on lower trend line and its broken key support level, now Eur/Jpy was trading near last week low:- We have shown in image.
In 4 hour & 1 hour chart, Eur/Jpy was fallen on selling sideand its broken intraday key support levels, so we can sell near key resistance level 134.20 and we can wait upto 132.00 levels which is the next good support level..
Usd/Chf : 27/02/2015 Technical Analysis Report
27th February 2015
CFX Admin
Our Preference: Buy above 0.9480 with target of 0.9550 & 0.9600 in extension
Alternative Scenario: Nill
Technical Commentary: In daily chart,Usd/Chf was trading in the Equidistance channel lines and its broken key resistance levels and now its forming new key resistance levels .
In 4 hour and 1 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 0.9550 :- We have shown in image.
