Daily Technical Analysis Report From CentreForex - page 7

 

Gbp/Usd : 23/02/2016 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1.4160 for the target 1.4050 levels.

Alternative Scenario: Nill

Technical Commentary :- In Daily Chart :- GbpUsd was broken the triangle pattern on lower side and its broken the key support level of horizontal line and yesterday its was closed below the 2010 year low and closed below support level as bearish candle 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.

 

Usd/Chf : 23/02/2016 Technical Analysis Report From Centreforex

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.

 

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

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.

[MG]https://charts.mql5.com/10/321/eurusd-h1-fxpro-financial-services.png

 

Eur/Usd : 15/03/2016 Technical Analysis Report From Centreforex

Our Preference: Buy Above 1.1060 for the target of 1.1160 levels

Alternative Scenario: Nill

Technical Commentary: In Weekly Chart :- Last week EurUsd was closed on higher side as bullish

candle and closed above the key resistance 1.1090 levels so its confirming for the buying side and

its was trading in the triangle pattern so we can buy near key support level and except upto next

key resistance level :- which we have shown in attached image.

In Daily Chart :- Last 2 Days Eur/Usd was closed above the key resistance level and its was trading

in the new triangle pattern and its trading above the key resistance level of horizontal line so we

can buy near last 2 days low or 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 :- After testing the upper trend line Eur/Usd moving towards the key support level

of horizontal line so we can buy near key support level and except upto next key resistance level :-

which we have shown in attached image.

In 1 Hour Chart :- Eur/Usd was trading in the triangle pattern and its was trading above the key

resistance level so we can buy near key support level and except upto next key resistance level :-

which we have shown in attached image.

 

Eur/Jpy : 15/03/2016 Technical Analysis Report From Centreforex

Our Preference: Sell Below 125.50 for the target 124.50 levels.

Alternative Scenario: Buy Above 124.30 for the target 125.80 levels.

Technical Commentary :- In Daily Chart :- EurJpy was trading in the equidistant channel line and

yesterday in daily chart EurJpy was closed like as bearish engulfing pattern and its was trading

below the key resistance level of 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 4 Hour Chart :- EurJpy was trading in the equidistant channel line and its moving towards the

key support level of horizontal line and lower trend line so 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 :- EurJpy was trading in the equidistant channel line and its trading near new lower

trend line if the lower trend line breaks means we will except upto next lower trend line of

equidistant channel line so we can sell below the lower trend line and except upto next key support

level :- which we have shown in attached image.

 

Xau/Usd : 15/03/2016 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1244 for the target 1200 levels.

Alternative Scenario: Nill

Technical Commentary:- In Weekly Chart :- Gold was tested the long term equidistant upper

channel line and new upper trend line was formed and last week after the upper trend line its came

back and closed on lower side as bearish candle and yesterday its broken the key support level so

this week we can except on selling side upto next key support level of horizontal line.

In Daily Chart :- Yesterday gold was broken the key support level of lower trend line and closed

below the lower trend line and its closed as bearish candle so today we can except sell off from the

intraday resistance level upto next key support levels :- which we have shown in attached image.

In 4 Hour Chart and 1 Hour Chart :- Gold was broken the lower trend line of key support level and

its was trading below the key support level and now this key support level acting as key resistaace

1244 level so we can except on selling side below 1244 upto next key support 1200 levels :- which

we have shown in attached image.

 

Usd/Chf : 15/03/2016 Technical Analysis Report From Centreforex

Our Preference: Sell Below 0.9900 level for the target of 0.9800 levels.

Alternative Scenario: Nill

Technical Commentary : In Daily Chart :- Last 2 Days UsdChf was closed below the key resistance

level and its was trading in the new triangle pattern so we can sell near last 2 days high or we can

sell near the key resistance level and except upto next key support level :- which we have shown in

attached image.

In 4 Hour Chart :- After testing the upper trend line Eur/Usd moving towards the key support level

of horizontal line broken so we can sell near intraday key resistance level and except upto next key

support level :- which we have shown in attached image.

In 1 Hour Chart :- Eur/Usd was trading in the triangle pattern and its was trading in the sideways

movement so we can sell near intraday key resistance level and except upto next key support level

:- which we have shown in attached image.

 
Xau/Usd : 13/06/2016 Technical Analysis Report From Centreforex

Our Preference: Buy Above 1280 for the target 1300 levels.
Alternative Scenario: Nill

Technical Commentary:- In Weekly Chart :- Gold was bounced back from the key support level of horizontal line and it was closed on higher side as bullish candle so its confirming for the buying side to move next key resistance level so we can buy near key support level and except to test previous resistance level :- which we have shown in attached image.


In Daily Chart :- After testing the key support level of lower trend line and gold was moving towards on buying trend so we can except on next resistance level 1303 level so today we can except buy off from the intraday support level upto next key resistance levels :- which we have shown in attached image.


 In 4 Hour Chart and 1 Hour Chart :- Gold was trading in the equidistant channel line and its broken the upper trend line of key resistance level so we can except on buying side of next key resistance 1304 levels :- which we have shown in attached image.

Reason: