Gbp Usd : 06/05/2014 Technical Analysis Report
6th May 2014
Our Preference: Short Positions Below 1.6820 with target of 1.6770 & 1.6730 in extension
Alternative Scenario: Nill Upto Standing closing above the resistance level 1.6820
Technical Commentary: On daily chart its Trading in Key Resistance & Key Supports and for intraday its trading around symmetrical triangle pattern
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Eur/Jpy : 12/01/2016 Technical Analysis Report
23rd March 2023
Our Preference: Sell Below 128.00 for the target of 126.60 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart:- EurJpy was trading below the major key support level of horizontal line so we can except on selling side upto next key support levels :- which we have shown in above image.
In 4 Hour Chart and In 1 Hour chart :- EurJpy was broken the equidistant channel line on lower side and now this lower equidistant channel line acting as resistance level broken so we can sell near intraday resistance level and except upto next key support level :- which we have shown in above image.