Xau/Usd : 25/02/2016 Technical Analysis Report
25th February 2016
CFX Admin
Our Preference: Sell Below 1144 for the target 1216 levels.
Alternative Scenario: Nill
Technical Commentary:- In Daily Chart :- Gold was trading in the triangle pattern and yesterday gold was tested the upper trend line and tested long term upper trend line so today we can sell near upper trend line of resistance level and except upto next key support level :- which we have shown in attached image.
In 4 Hour Chart and 1 Hour Chart:- Gold was trading in the triangle pattern and its was tested the long term upper trend line and trading below the key resistance level now its trading near upper trend line so today we can sell below the upper trend line and except upto next key support level :- which we have shown in attached image.
Gbp/Usd : 25/02/2016 Technical Analysis Report
25th February 2016
CFX Admin
Our Preference: Sell Below 1.4000 for the target 1.4880 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart :- GbpUsd was trading below the key support level and trading below the 2010 year low so today we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
In 4 Hour Chart :- GbpUsd was trading below the key resistance level horizontal line and its was trading below yearly low so today we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
In 1 Hour Chart :- GbpUsd was the trading in the equidistant channel line and its trading below the key resistance level of horizontal line so we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
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.
Eur/Jpy : 23/02/2016 Technical Analysis Report
23rd February 2016
CFX Admin
Our Preference: Sell Below 125.00 for the target of 123.00 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart:- EurJpy was broken the equidistant channel line on lower side and its broken the major key support 2013 year low so its confirming for the selling side so we can sell near intraday resistance levels and except upto next key support level :- which we have shown in above image.
In 4 Hour Chart :- Eur Jpy was trading below the year low and its trading with upper trend line and its trading below the key resistance level of horizontal line so we can sell near intraday resistance levels and except upto next key support level :- which we have shown in above image.
In 1 Hour Chart :- EurJpy was trading in the equidistant channel lines and its was trading below the year low and its trading below the key resistance level of horizontal line so we can sell near intraday resistance levels and except upto next key support level :- which we have shown in above image.
Usd/Chf : 23/02/2016 Technical Analysis Report
23rd February 2016
CFX Admin
Our Preference: Buy Above 0.9900 level for the target of 1.0070 levels.
Alternative Scenario: Nill
Technical Commentary : In Daily Chart :- UsdChf was broken the resistance level of horizontal line and closed above the resistance level and closed as bulish candle so further we can except on 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 4 Hour Chart and 1 Hour Chart :- UsdChf was trading in the equidistant channel lines and after testing the upper channel line its coming to test the lower channel line of support level so we can buy near lower channel line and except upto next key resistance level :- which we have shown in attached image.
