Xau/Usd : 27/02/2015 Technical Analysis Report
27th February 2015
CFX Admin
Our Preference: Buy positions Above 1203 with target of 1218 & 1226 in extension.
Alternative Scenario: Nill
Technical Commentary: 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 yesterday its broken intraday upper trend line and now we got a good intraday lower trend line with good key support line @ 1198.00 level. :- we have shown in above image.
In 1 hour chart,Gold was trading above upper trend line now which it was come as support level so now we good support of lower trend line so we can buy near the support levels :- we have shown in above image.
Gbp/Usd : 27/02/2015 Technical Analysis Report
27th February 2015
CFX Admin
Our Preference: Sell below1.5450 with target of 1.5360 in extension
Alternative Scenario: Nill
Technical Commentary: In daily chart :- Yesterday Gbp/Usd was broken lower trend line and also broken key support line So 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 side and its broken key support level So its confirming that on down side, we can sell near key resistance levels and expect correction upto next key support levels 1.5330 :- We have shown in image.
Eur/Usd : 26/02/2015 Technical Analysis Report
26th February 2015
CFX Admin
Our Preference: Sell positions below 1.1390 with target of 1.1300 & 1.1260 in extension
Alternative Scenario: Buy above 1.1440 With tight Stoploss of 1.1400
Technical Commentary: Last Week Eur/Usd was closed higher and like hammer pattern,But last 2 days couldn’t able to break last week high and trading in sideways moment and in daily chart eurusd was broken the lower trend line and trading below :- We have shown in image.
In 4 hours chart,Eur/Usd was trading in descending triangle pattern so we can sell below upper trend line 1.1380 so we can except on selling upto next key support levels 1.1330 & 1.1280.
In 1 hour chart we got a good upper trend line and now it was trading below the upper trend line. Alternative scenario : If the level of upper trend line breaks and closing above the level 1.1400 means we can go on buying side upto next resistance level.
Xau/Usd : 26/02/2015 Technical Analysis Report
26th February 2015
CFX Admin
Our Preference: Buy positions Above 1200 with target of 1220 & 1226 in extension.
Alternative Scenario: Nill
Technical Commentary: In Weekly chart and Daily chart Gold was tested lower trend line
bonzed back from the lower trend line,
it was closed higher,
given good support trend line,
last 2 days closing was like hammer in daily chart.
In 4 hours chart,Gold was trading in Equidistance channel lines and yesterday its broken intraday Upper trend line and key resistance line.1203 levels. :- we have shown in above image.
In 1 hour chart,Gold was trading near upper trend line If it breaks means it will start to move upper resistance levels :- we have shown in above image.
Gbp/Usd : 26/02/2015 Technical Analysis Report
26th February 2015
CFX Admin
Our Preference: Buy above 1.5500 with target of 1.5560 & 1.5600 in extension
Alternative Scenario: Sell below 1.5430 with the target of 1.5360.
Technical Commentary: In daily chart :- Pound was trading in between upper trend line and lower trend line and yesterday broken heavy key resistance level :- We have shown in image.
In 4 hours chart & 1 hour chart Gbp/Usd was trading in the equidistance channel lines and its broken key resistance level,So its confirming that on buying side, we can buy near key Support levels and expect upto next key resistance levels :- We have shown in image.
