Xau/Usd : 10/12/2015 Technical Analysis Report
10th December 2015
CFX Admin
Our Preference: Sell Below 1080 for the target 1066 levels.
Alternative Scenario: Nill
Technical Commentary:- In Daily Chart :- Gold was trading with upper trend line and Yesterday Gold was tested the upper trend line of key resistance level and closed on lower side as bullish candle and close below the resistance level of horizontal line so today we can except on selling side upto next support levels :- which we have shown in attached image.
In 4 hour chart :- Gold was trading in the sideways movement between key resistance level and key support levels and now its was trading in the triangle pattern if lower trend line breaks means we can except on heavy sell off upto next key support levels:- which we have shown in attached image.
In 1 Hour Chart :- Gold was trading with lower trend, if the lower trend line breaks means below the key resistance 1080 levels and its was trading with lower trend line if lower trend line breaks means we can except on heavy sell off upto next key support levels :- which we have shown in attached image.
Gbp/Usd : 10/12/2015 Technical Analysis Report
10th December 2015
CFX Admin
Our Preference: Buy Above 1.5100 for the target 1.5240 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart :- GbpUsd was broken the equidistant channel lines on upper side and yesterday its was closed on higher side as bullish candle and now this upper channel line acting as key support level so we can buy near support level and except upto next resistance level of horizontal line :- which we have shown in attached image.
In 4 Hour Chart :- Yesterday GbpUsd was broken the upper trend line and now it was started to trade in the equidistance channel lines and trading above the resistance level so we can buy near intraday support levels and except upto next key resistance 1.5240 level :- which we have shown in attached image.
In 1 Hour Chart :- Yesterday GbpUsd was broken the upper trend line and broken key resistance level of horizontal line so we can buy near intraday support levels and except upto next key resistance level :- which we have shown in attached image.
Eur/Usd : 10/12/2015 Technical Analysis Report
10th December 2015
CFX Admin
Our Preference: Buy above 1.0940 for the target of 1.0160 levels
Alternative Scenario: Nill
Technical Commentary: In Daily chart :- Yesterday EurUsd was broken the upper trend line and yesterday its was closed on higher side as bullish candle so today we can except on buying side upto next resistance levels of horizontal line :- which we have shown in attached image.
In 4 Hour Chart :- EurUsd was broken the upper trend line and broken key resistance level and now this upper trend line acting as key support level so we can buy near key support level and except upto next resistance levels :- which we have shown in attached image.
In 1 Hour Chart :- EurUsd was trading with lower trend line and its broken the resistance level of horizontal line so we can buy near support level and except upto next resistance level :- which we have shown in attached image.
Eur/Jpy : 09/12/2015 Technical Analysis Report
9th December 2015
CFX Admin
Our Preference: Buy Above 133.50 for the target of 134.50 levels.
Alternative Scenario: Sell Below 134.60 for the target of 133.00 levels
Technical Commentary :- In Daily Chart :- EurJpy was trading with upper trend line and now its trading above the key support level of horizontal line so today we can except on buying side from key support levels upto next key resistance and upper trend line :- We have shown in above image.
In 4 Hour Chart :- EurJpy was trading in the equidistant channel lines and trading near upper trend line so we can except selling side from upper channel line :- We have shown in above image.
In 1 Hour chart :- EurJpy was trading with upper trend line and now its trading near key support level so we can buy near support level of horizontal line and except upto upper trend line :- We have shown in above image.
Usd/Chf : 09/12/2015 Technical Analysis Report
9th December 2015
CFX Admin
Our Preference: Sell Below 0.9950 level for the target of 0.9890 levels.
Alternative Scenario: Buy Above 09850 for the target of 0.9950 levels.
Technical Commentary : In Daily Chart :- UsdChf was trading with the lower trend line and last 3 days it was trading in the sideways movement and it was trading above the key support level so today we can expect key support level of horizontal line :- which we have shown in attached image.
In 4 Hour Chart :- Usd/Chf was trading near lower trend line so we can buy near lower trend line or if the lower trend line broken means we go head on selling side :- which we have shown in attached image.
In 1 Hour Chart :- UsdChf was trading with upper trend line and trading with lower trend line and its trading below the resistance level of horizontal line so we can sell near upper trend line and we can except upto next support levels :- which we have shown in attached image.