Gbp Usd : 08/07/2014 Technical Analysis Report
8th July 2014
CFX Admin
Our Preference: Buy above 1.7120 With the target of 1.7160 & 1.200 stoploss of 1.7060
Alternative Scenario: Nill Upto closing below 1.7000
Technical Commentary: In 4 hours chart & 1 hour chart gbpusd was trading above the triangle pattern and it was trading in yearly high, so always keep move on with stop loss with the buying trend.
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Gbp Usd : 04/07/2014 Technical Analysis Report
4th July 2014
CFX Admin
Our Preference: Buy above 1.7130 With the Target of 1.7200 stoploss of 1.7070
Alternative Scenario: Nill Upto closing below 1.7000
Technical Commentary: In 1 hour chart gbpusd was trading above the key resistance Level 1.7100 and it was trading in yearly high and above last week high , so always keep move on with stop loss with the buying trend.
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Eur/Usd : 04/07/2014 Technical Analysis Report
4th July 2014
CFX Admin
Our Preference: Long positions above 1.3580 with target of 1.3620 & 1.3650 in extension
Alternative Scenario: Sell below 1.3620 ,target 1.3580 With tight Stoploss of 1.3650
Technical Commentary: In Weekly chart Euro was trading below last week High and key support levels,
In 4 hours chart and 1 hour chart, Yesterday Euro breaks the lower trend line and breaks the key support line now that support line was acting as resistance line ,so today we can except range bound trading between resistance and supports levels 1.3580 to 1.3650.
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Usd/Jpy : 03/07/2014 Technical Analysis Report
3rd July 2014
CFX Admin
Our Preference: Short position below 102 with target of 101.60 stoploss below 102.40
Alternative Scenario: Nill
Technical Commentary: On 4 hours chart its trading in triangle pattern now it was trading near upper trend line, So future we can except some lower level upto key support levels @101.40 & 101.20.
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Gold ( Xau / Usd ) : 03/07/2014 Technical Analysis Report
3rd July 2014
CFX Admin
Our Preference: Long position above or @ 1318 target of 1326 & 1330 with stoploss below 1311.
Alternative Scenario: Nill upto daily closing below 1310 Levels
Technical Commentary : Weekly gold was trading above last week high & key resistances, Daily chart was trading above key resistance line.
Our subscribers are receive new FOREX SIGNALS for (Xau/Usd)