Usd/Chf : 11/12/2015 Technical Analysis Report
11th December 2015
CFX Admin
Our Preference: Buy Above 0.9850 level for the target of 0.9920 levels.
Alternative Scenario: Nill
Technical Commentary : In Daily Chart :- Yesterday UsdChf was trading below key resistance level but strong key support of lower trend line was formed, If key resistance of horizontal line breaks means we can except on buying side so today we can expect on buying side from support level lower trend line and except upto next key resistance level :- which we have shown in attached image.
In 4 Hour Chart and 1 Hour Chart:- Usd/Chf was trading near lower trend line and trading below the key resistance level if key resistance level breaks means we can except on buying side so today we except on buying side from lower trend line upto next resistance level :- which we have shown in attached image.
Xau/Usd : 11/12/2015 Technical Analysis Report
11th December 2015
CFX Admin
Our Preference: Sell Below 1070 for the target 1058 levels.
Alternative Scenario: Nill
Technical Commentary:- In Daily Chart :- Gold was trading with upper trend line and Yesterday Gold was closed on lower side as bearish candle and this week its was tested the key resistance level 1180 levels, but its fail to break key resistance level so its was giving conformation for selling side, today we can except upto next support levels :- which we have shown in attached image.
In 4 hour chart :- Gold was broken the intraday triangle pattern on lower side and its trading in the sideways movement between key resistance level and key support levels and now its was trading near key support level, if key support level of horizontal line breaks means we can except on selling side upto next key support levels:- which we have shown in attached image.
In 1 Hour Chart :- Gold was trading with upper trend line, gold could’nt able to break upper trend line so its started to move towards key support level of horizontal line so we can except on selling side upto next key support levels :- which we have shown in attached image.
Gbp/Usd : 11/12/2015 Technical Analysis Report
11th December 2015
CFX Admin
Our Preference: Sell Below 1.5170 for the target 1.5100 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart :- GbpUsd was trading below upper trend line and trading in the triangle pattern so we can keep stoploss above upper trend line and last 2 days high so we can sell near resistance level of upper trend line and except upto next support level :- which we have shown in attached image.
In 4 Hour Chart :- GbpUsd was trading in the equidistance channel lines and its was trading in the sideways movement between key resistance level and key support level so we can sell near intraday resistance levels and except upto next key support level :- which we have shown in attached image.
In 1 Hour Chart :- :- GbpUsd was trading in the triangle pattern and its was trading in the sideways movement between key resistance level and key support level so we can sell near intraday resistance levels and except upto next key support level :- which we have shown in attached image.
Eur/Usd : 11/12/2015 Technical Analysis Report
11th December 2015
CFX Admin
Our Preference: Sell Below 1.0980 for the target of 1.0900 levels
Alternative Scenario: Nill
Technical Commentary: In Daily chart :- Yesterday EurUsd was closed below the upper trend line and its closed as bearish engulfing candle pattern so today we can except on selling side upto next support levels of horizontal line :- which we have shown in attached image.
In 4 Hour Chart :- EurUsd was trading below the upper trend line and trading below key resistance level of horizontal line and now its trading in the triangle pattern and trading near lower trend line , If lower trend line breaks means we can except on selling side so we can sell near key resistance level and except upto next support levels :- which we have shown in attached image.
In 1 Hour Chart :- EurUsd was broken the lower trend line and last 5 days euro was trading in the sideways movement between key resistance level and key support levels so we can sell near key resistance level and except upto next support levels:- which we have shown in attached image.
Usd/Chf : 10/12/2015 Technical Analysis Report
10th December 2015
CFX Admin
Our Preference: Sell Below 0.9900 level for the target of 0.9780 levels.
Alternative Scenario: Nill
Technical Commentary : In Daily Chart :- Yesterday UsdChf was broken the lower trend line and closed on lower side as bearish candle and broken the key support level and so today we can expect on selling side from resistance level and except upto next key support level :- which we have shown in attached image.
In 4 Hour Chart :- Usd/Chf was broken the lower trend line and now gold was trading with new upper trend line so we except on selling from upper trend line upto next support level :- which we have shown in attached image.
In 1 Hour Chart :- UsdChf was trading with upper trend line and yesterday its was broken lower trend line and now this lower trend line acting as resistance level so we can sell near upper trend line and we can except upto next support levels :- which we have shown in attached image.