Gbp/Usd : 16/02/2016 Technical Analysis Report
16th February 2016
CFX Admin
Our Preference: Sell Below 1.4500 for the target 1.4350 levels.
Alternative Scenario: Nill
Technical Commentary :- In weekly Chart :- GbpUsd was tested the resistance level of horizontal line, now the previous support level acting as key resistance level and last week its was closed below the resistance level so we can except on selling side upto next key support level.
In Daily Chart :- Yesterday GbpUsd was closed on lower side as bearish candle and it was trading in the triangle pattern and last 6 days high was formed as key resistance of horizontal line so we can sell near upper trend line and sell below the key resistance level horizontal line and 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 broken the equidistant channel line on lower side and its closed below the key resistance level horizontal line 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 selling equidistant channel line and its trading near lower trend line ,if lower trend line breaks means further we can except on selling side and except upto next key support level :- which we have shown in attached image.
Eur/Usd : 16/02/2016 Technical Analysis Report
16th February 2016
CFX Admin
Our Preference: Sell Below 1.1190 for the target of 1.1090 levels
Alternative Scenario: Nill
Technical Commentary: In Weekly Chart :- Last EurUsd was closed on lower side but it was closed as bullish candle and closed above the key resistance 1.1100 level so its confirming for the buying side and we can buy near key support level and except upto next key resistance level :- which we have shown in attached image.
In Daily Chart :- Yesterday Eur/Usd was gab opened on lower side and its closed on lower side and new upper trend line was formed and its trading above the key resistance level of horizontal line so we can buy near the key 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 lower trend line so today we can sell near intraday resistance level and except upto next key support level of horizontal line :- which we have shown in attached image.
In 1 Hour Chart :- Eur/Usd was broken the lower trend line and its was trading in the triangle pattern now it was trading near lower trend line If lower trend line breaks means we can except on selling side so today we can sell near intraday resistance level and except upto next key support level of horizontal line :- which we have shown in attached image.
Eur/Jpy : 09/02/2016 Technical Analysis Report
9th February 2016
CFX Admin
Our Preference: Buy Above 128.70 for the target of 129.70 levels.
Alternative Scenario: Sell Below 129.70 for the target of 127.00 levels.
Technical Commentary :- In Daily Chart:- EurJpy was trading with trend line and now previous low of support level acting as key resistance level so we can sell near resistance level of horizontal line and except upto next key support levels :- which we have shown in above image.
In 4 Hour Chart :- Eur Jpy was trading with upper trend line and lower trend line now its trading near lower 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 :- Yesterday EurJpy was broken the lower trend line so we can sell near upper trend line and except upto key support level of horizontal line :- which we have shown in above image.
Usd/Chf : 09/02/2016 Technical Analysis Report
9th February 2016
CFX Admin
Our Preference: Sell below 0.9880 level for the target of 0.9780 levels.
Alternative Scenario: Nill
Technical Commentary : In Daily Chart :- After broken the triangle pattern UsdChf was started to move on selling side and trend also changed to selling side so we can sell near intraday resistance level and except upto next key support 0.9780 level :- which we have shown in attached image.
In 4 Hour Chart and 1 Hour Chart :- UsdChf was trading with upper trend line and its trading below the upper trend line and its moving towards the major key support level 0.9780 levels, so we can sell near intraday resistance level and except upto next key support 0.9780 level :- which we have shown in attached image.
Xau/Usd : 09/02/2016 Technical Analysis Report
9th February 2016
CFX Admin
Our Preference: Buy Above 1180 for the target 1205 levels.
Alternative Scenario: Nill
Technical Commentary:- In Weekly Chart :- Gold was trading in the long term equidistant channel line and last week its was broken the short term upper trend line and its broken the key resistance level of horizontal line so its confirming for the buying zone.
In Daily Chart :- Yesterday Gold was broken the resistance level and closed above the resistance level of horizontal line and its was broken the upper trend so today we can buy near intraday support level and except upto next key resistance levels :- which we have shown in attached image.
In 4 Hour Chart and 1 Hour Chart:- Gold was trading above the major key resistance 1180 level and we got closing above the resistance level so its conforming for the buying side so we can buy near support level and except upto next key resistance level :- which we have shown in attached image.
