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Eur/Usd : 25/02/2016 Technical Analysis Report

25th February 2016 CFX Admin

Our Preference: Buy Above 1.1000 for the target of 1.1080 levels
Alternative Scenario: Nill
 
Technical Commentary: In Daily Chart  :- Yesterday Eur/Usd was tested the lower trend line and closed on higher side as hammer pattern so further we can except on higher side and we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image.
In 4 Hour Chart :- Eur/Usd was broken the triangle pattern on upper side and yesterday it was tested lower trend line so it was confirming for buying side and we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image.
In 1 Hour Chart :- EurUsd was broken the equidistant channel line on upper side and its was trading in the sideways movement so it was confirming for buying side and we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image. 


Technical Commentary: In Daily Chart :- Yesterday Eur/Usd was tested the lower trend line and closed on higher side as hammer pattern so further we can except on higher side and we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image. In 4 Hour Chart :- Eur/Usd was broken the triangle pattern on upper side and yesterday it was tested lower trend line so it was confirming for buying side and we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image. In 1 Hour Chart :- EurUsd was broken the equidistant channel line on upper side and its was trading in the sideways movement so it was confirming for buying side and we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image.



Technical Commentary: In Daily Chart :- Yesterday Eur/Usd was tested the lower trend line and closed on higher side as hammer pattern so further we can except on higher side and we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image. In 4 Hour Chart :- Eur/Usd was broken the triangle pattern on upper side and yesterday it was tested lower trend line so it was confirming for buying side and we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image. In 1 Hour Chart :- EurUsd was broken the equidistant channel line on upper side and its was trading in the sideways movement so it was confirming for buying side and we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image.



Technical Commentary: In Daily Chart :- Yesterday Eur/Usd was tested the lower trend line and closed on higher side as hammer pattern so further we can except on higher side and we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image. In 4 Hour Chart :- Eur/Usd was broken the triangle pattern on upper side and yesterday it was tested lower trend line so it was confirming for buying side and we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image. In 1 Hour Chart :- EurUsd was broken the equidistant channel line on upper side and its was trading in the sideways movement so it was confirming for buying side and we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image.



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