Daily Technical Analysis Report From CentreForex - page 6

 

Usd/Chf : 29/01/2016 Technical Analysis Report From Centreforex

Our Preference: Buy Above 1.0120 level for the target of 1.0200 levels.

Alternative Scenario: Nill

Technical Commentary : In Daily Chart :- Last 4 Days UsdChf was formed as good support level and now previous resistance level acting as key support level so we can buy near support level and except upto next key resistance level :- which we have shown in attached image.

In 4 Hour Chart :- UsdChf was trading with lower trend line and its trading above the resistance level so we can buy near support level of horizontal line and except upto next key resistance level :- which we have shown in attached image.

In 1 Hour Chart :- UsdChf was trading with lower trend line so we can buy near support level of trend line and except upto next key resistance level :- which we have shown in attached image.

 

Xau/Usd : 29/01/2016 Technical Analysis Report From Centreforex

Our Preference: Buy Above 1108 for the target 1126 levels.

Alternative Scenario: Nill

Technical Commentary:- In Daily Chart :- Gold was trading above the resistance 1110 level and last 2 days we got closing above the resistance level so today we can buy near key support level of horizontal line and except upto next resistance levels :- which we have shown in attached image.

In 4 Hour Chart :- Gold was tested the upper trend line and its broken the sideways movement on upper side now previous resistance acting as key support level so we can buy near support level and except upto next key resistance level :- which we have shown in attached image.

and 1 Hour Chart :- Gold was trading in the equidistant channel line and its tested the lower channel line and its trading lower channel line of key support level, so we can buy near intraday support level and except upto next resistance levels :- which we have shown in attached image.

 

Eur/Jpy : 29/01/2015 Technical Analysis Report From CentreForex

Our Preference: Buy Above 129.50 for the target of 132.00 levels.

Alternative Scenario: Sell Below 132.00 for the target of 130.00 levels.

Technical Commentary :- In Daily Chart:- Yesterday EurJpy broken the resistance level of horizontal line and closed above the resistance level so we can except on buying side and we can buy near support level and except upto next key resistance levels :- which we have shown in above image.

In 4 Hour Chart :- Eur Jpy was trading above the resistance level of horizontal line and its trading with upper trend line so we can except on buying side from intraday support level and except upto next key resistance levels :- which we have shown in above image.

 

Eur/Usd : 01/02/2016 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1.0900 for the target of 1.0810 levels

Alternative Scenario: Nill

Technical Commentary: In Weekly Chart :- Last week Eur/Usd was tested the upper trend line of the triangle and its was closed on lower side of the lower trend line so its confirming for the selling zone and today we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.

In Daily Chart and 4 Hour Chart :- Eur/Usd was trading in the triangle pattern and last day its was closed on lower side as bearish candle and it was trading near lower trend line of the triangle pattern if the lower trend breaks means we except on selling zone and its was trading in the sideways movement between key resistance level and key support level, 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 :- EurUsd was broken the equidistant channel line on lower side so its confirming for the selling zone and today we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.

 

Gbp/Usd : 01/02/2016 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1.4400 for the target 1.4300 levels.

Alternative Scenario: Nill

Technical Commentary :- In Weekly Chart :- Last two week Gbp/Usd was tested the 2010 year low and couldn’t able to break and its was closed above the yearly low so its confirming for the buying side upto next resistance level.we can buy near key support level and keep stoploss below this year low and except upto next resistance levels :- which we have shown in attached image.

In Daily Chart :- GbpUsd was formed key support level near 2010 year low, last 6 days its was closed above the 2010 year low and its was trading in the sideways movement between key resistance level and key support level and 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 and 1 Hour Chart :- GbpUsd was broken the equidistant channel line on lower side so its confirming for the selling zone and today we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.

 

Usd/Chf : 01/02/2016 Technical Analysis Report From Centreforex

Our Preference: Buy Above 1.0200 level for the target of 1.0270 levels.

Alternative Scenario: Nill

Technical Commentary : In Daily Chart :- UsdChf was trading in the equidistant channel line Last 6 Days UsdChf was formed as good support level and now previous resistance level acting as key support level so we can buy near support level and except upto next key resistance level :- which we have shown in attached image.

In 4 Hour Chart :- UsdChf was trading with upper trend line and lower trend line and its trading above the resistance level so we can buy near support level of horizontal line and except upto next key resistance level :- which we have shown in attached image.

In 1 Hour Chart :- UsdChf was trading with lower trend line and trading above the resistance level so we can buy near support level and except upto next key resistance level :- which we have shown in attached image.

 

Xau/Usd : 01/02/2016 Technical Analysis Report From Centreforex

Our Preference: Buy Above 1114 for the target 1126 levels.

Alternative Scenario: Nill

Technical Commentary:- In Weekly Chart :- Last week Gold was closed on higher side and closed above last 2 week high so its confirming for the buying zone and we can buy near resistance level and except upto next key support level :- which we have shown in attached image.

In Daily Chart :- Last day Gold was closed above the resistance level and its was trading with lower trend line and its was trading above the resistance 1110 level so today we can buy near key support level lower trend line and except upto next resistance levels :- which we have shown in attached image.

In 4 Hour Chart :- Gold was trading with lower trend line and we got closing above the upper trend line 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.

1 Hour Chart :- Gold was trading in the equidistant channel line and resistance are broken so we can buy near intraday support level and except upto next resistance levels :- which we have shown in attached image.

 

Eur/Jpy : 01/02/2016 Technical Analysis Report From CentreForex

Our Preference: Buy Above 129.50 for the target of 132.00 levels.

Alternative Scenario: Sell Below 132.00 for the target of 130.00 levels.

Technical Commentary :- In Daily Chart:- EurJpy broken the resistance level of horizontal line and closed above the resistance level so we can except on buying side and we can buy near support level and except upto next key resistance levels :- which we have shown in above image.

In 4 Hour Chart :- Eur Jpy was trading with upper trend line and its trading above the key resistance level of horizontal line so we can except on buying side from support level and except upto next key resistance level of upper trend line :- which we have shown in above image.

In 1 Hour Chart :- EurJpy was trading with lower trend line and its trading in the intraday triangle pattern so we can buy near lower trend line of the triangle pattern and except upto key resistance level of horizontal line :- which we have shown in above image.

 

Eur/Usd : 09/02/2016 Technical Analysis Report From Centreforex

Our Preference: Buy Above 1.1140 for the target of 1.1250 levels

Alternative Scenario: Nill

Technical Commentary: In Weekly Chart :- Last EurUsd was broken the upper trend line and closed on higher side as bullish candle and its broken the key resistance 1.1100 level of horizontal line, so its confirming for the buying side and today we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image.

In Daily Chart :- Eur/Usd was broken the long term upper trend line and trading above the key resistance level of horizontal line and last 3 days low formed as the big key support level so we can keep stoploss below last 3 days low and buy near intraday support level and except upto next key resistance level :- which we have shown in attached image.

In 4 Hour Chart and In 1 Hour Chart :- Eur/Usd was trading above the resistance level 1.1060 and its trading with lower trend line so today we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image.

 

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

Our Preference: Sell Below 1.1060 for the target of 1.0960 levels

Alternative Scenario: Nill

Technical Commentary: In Daily Chart :- Yesterday Eur/Usd was broken the key support level of horizontal line 1.1090 level and its close on lower side as bearish candle and its was trading in the triangle pattern so further we can except upto lower trend line and we can sell near intraday resistance level and except upto next key support level of lower trend line :- which we have shown in attached image.

In 4 Hour Chart and In 1 Hour Chart :- Eur/Usd was trading in the equidistant channel line and its was trading below the key resistance level of horizontal line and its was trading with lower trend line so today we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.

Reason: