Daily Technical Analysis Report From CentreForex

[Centreforex]

Xau/Usd : 18/12/2015 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1066 for the target 1053 levels.

Alternative Scenario: Nill

Technical Commentary:- In Daily Chart :- Gold was trading in the equidistant channel lines and yesterday Gold was closed on lower side as bearish candle and closed below the key support level so we can except on selling side and except upto next key support levels :- which we have shown in attached image.

In 4 Hour Chart and In 1 Hour Chart :- :- Gold was trading in the equidistant channel lines and Gold was broken the key support level of horizontal line and we got closing below key support level and yesterday tested the key support 1048 levels so today we can sell near major resistance levels and except upto next key support levels:- which we have shown in attached image.

 

[Centreforex]

Eur/Usd : 22/12/2015 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1.0960 for the target of 1.0800 levels

Alternative Scenario: Nill

Technical Commentary: In Daily chart :- EurUsd was trading with upper trend line and it was trading below the key resistance level of horizontal line and Yesterday its was closed as bullish candle on higher side so today we can except upto upper trend line and then we can sell near upper trend line except upto next key support levels :- which we have shown in attached image.

In 4 Hour Chart :- EurUsd was trading in the equidistant channel line and trading below key resistance level of horizontal line and it was trading near upper channel line so we can sell near upper channel line and key resistance level of horizontal line and except upto next key support levels :- which we have shown in attached image.

In 1 Hour Chart :- EurUsd was trading in the equidistant channel line and it was trading near upper channel line of key resistance so we can sell near upper channel line and except upto next key support levels :- which we have shown in attached image.

 

[Centreforex]

Gbp/Usd : 22/12/2015 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1.4930 for the target 1.5850 levels.
Alternative Scenario: Nill.

Technical Commentary :- In Daily Chart :- GbpUsd was closed on lower side as bearish candle and closed below the previous support low so its confirming for the selling side so we can sell near resistance level and except upto next key support level :- which we have shown in attached image.

In 4 Hour Chart and In 1 Hour Chart :- GbpUsd was trading in the sideways movement between key resistance level and key support level and it was trading in the triangle pattern now it was trading near upper trend line and trading near resistance level so we can sell near upper trend line and except upto next key support level :- which we have shown in attached image.

 

[Centreforex]

Usd/Chf : 22/12/2015 Technical Analysis Report From Centreforex

Our Preference: Buy Above 0.9890 level for the target of 0.9990 levels.

Alternative Scenario: Nill

Technical Commentary : In Daily Chart :- Yesterday UsdChf was trading with the lower trend line and its trading above the key resistance level so we can buy above the key support 0.9900 levels and except upto upper trend line :- which we have shown in attached image.

In 4 Hour Chart and In 1 Hour Chart :- Usd/Chf was trading in the triangle pattern and it was trading in the sideways movement between key resistance and key support levels so we can buy near support level and except upto next resistance level :- which we have shown in attached image.

 

[Centreforex]

Xau/Usd : 22/12/2015 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1080 for the target 1058 levels.

Alternative Scenario: Nill

Technical Commentary:- In Daily Chart :- Yesterday Gold was tested upper trend line and it was closed on higher side and it was trading in the sideways movement between key resistance and key support level now its was trading below the key resistance of upper trend line so today we can except on selling side from upper trend line to next support levels :- which we have shown in attached image.

In 4 Hour Chart and In 1 Hour Chart :- Gold was trading with upper trend line and it was trading in the sideways movement between key resistance and key support level so we can sell near upper trend line of resistance level and except upto next key support levels :- which we have shown in attached image.

 

[Centreforex]

Eur/Jpy : 22/12/2015 Technical Analysis Report From CentreForex

Our Preference: Sell Below 132.40 for the target of 131.00 levels.

Alternative Scenario: Nill

Technical Commentary :- In Daily Chart :- EurJpy was trading with upper trend line and its was trading in the triangle pattern so we can except on sideway movement so we can sell near resistance level and except upto next key support level :- We have shown in above image.

In 4 Hour Chart :- EurJpy was trading in the equidistant channel lines and it was trading in the triangle and it was trading near upper trend line and so we can sell near upper trend line and except upto next key support level of lower trend line and horizontal line :- We have shown in above image.

In 1 Hour chart :- EurJpy was trading in the equidistant channel line and now its trading below the key support 132.40 level so we can sell near resistance level and except upto next key support level :- We have shown in above image.

 

[Centreforex]

Usd/Chf : 23/12/2015 Technical Analysis Report From Centreforex

Our Preference: Buy Above 0.9850 level for the target of 0.9970 levels.

Alternative Scenario: Nill

Technical Commentary : In Daily Chart :- Yesterday UsdChf was broken the key support level and closed on lower side as bearish candle and now it was trading with the lower trend line and so we can buy above the lower trend line and except upto next resistance level :- which we have shown in attached image.

In 4 Hour Chart and In 1 Hour Chart :- Usd/Chf was trading in the triangle pattern and yesterday it was tested the lower trend line and we got several closing above the lower trend line so its conforming for the buying side and it was trading in the sideways movement between key resistance and key support levels so we can buy near support level and except upto next resistance level :- which we have shown in attached image.

 

[Centreforex]

Eur/Jpy : 23/12/2015 Technical Analysis Report From CentreForex

Our Preference: Sell Below 132.40 for the target of 131.00 levels.

Alternative Scenario: Nill

Technical Commentary :- In Daily Chart :- EurJpy was trading in the triangle pattern and yesterday it tested the resistance level so we can except on selling side and we can sell near resistance level and except upto next key support level :- We have shown in above image.

In 4 Hour Chart :- EurJpy was trading in the triangle pattern and it was trading near upper trend line and so we can sell near upper trend line and except upto next key support level of lower trend line and horizontal line :- We have shown in above image.

In 1 Hour chart :- EurJpy was trading in the equidistant channel line and now its trading below the key resistance 132.40 level so we can sell near resistance level and except upto next key support level :- We have shown in above image.

 

[Centreforex]

Eur/Usd : 23/12/2015 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1.0950 for the target of 1.0870 levels

Alternative Scenario: Nill

Technical Commentary: In Daily chart :- EurUsd was trading with upper trend line and yesterday its was tested the upper trend line so we can sell near upper trend line and except upto next key support levels :- which we have shown in attached image.

In 4 Hour Chart :- EurUsd was trading in the equidistant channel line and trading below key resistance level of horizontal line, yesterday it was tested the upper channel line so we can sell near upper channel line or key resistance level of horizontal line and except upto next key support levels :- which we have shown in attached image.

In 1 Hour Chart :- EurUsd was trading in the equidistant channel line and its was trading below resistance level and now its was trading near lower channel line, If lower channel line breaks means its confirmed for the selling trend so we can sell near resistance level and except upto next key support levels :- which we have shown in attached image.

 

[Centreforex]

Gbp/Usd : 23/12/2015 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1.4880 for the target 1.4800 levels.

Alternative Scenario: Nill.

Technical Commentary :- In Daily Chart :- GbpUsd was trading in the equidistant channel lines and yesterday its broken the last week low and its broken major key support level on lower side and its closed on lower side as bearish candle and now the previous low of support level acting as key resistance level so its confirming for the selling side so we can sell near resistance level and except upto next key support level :- which we have shown in attached image.

In 4 Hour Chart :- Gbp/Usd was broken the triangle pattern on lower side and its was trading below the key resistance level so we can sell near resistance level and except upto next key support level :- which we have shown in attached image.

In 1 Hour Chart :- GbpUsd was broken the sideways movement on lower side and now it was trading near resistance level of horizontal line so we can sell near resistance level and except upto next key support level :- which we have shown in attached image.

 

[Centreforex]

Xau/Usd : 23/12/2015 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1078 for the target 1068 levels.

Alternative Scenario: Nill

Technical Commentary:- In Daily Chart :- Yesterday Gold was tested upper trend line and it was tested the key resistance level and it was closed on lower side as bearish candle and it was trading in the sideways movement between key resistance and key support level now its was trading below the key resistance level so today we can except on selling side from resistance level and except upto next support levels :- which we have shown in attached image.

In 4 Hour Chart and In 1 Hour Chart :- Gold was tested the upper trend line and we got several closing below the upper trend line so its conforming for the selling side and it was trading in the sideways movement between key resistance and key support level so we can sell near upper trend line of resistance level and except upto next key support levels :- which we have shown in attached image.

 

[Centreforex]

Eur/Usd : 28/12/2015 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1.0990 for the target of 1.0900 levels

Alternative Scenario: Nill

Technical Commentary: In Weekly Chart :- Last week EurUsd was Closed on higher side with bullish candle and its closed below the resistance of upper trend line so this week we can sell near upper trend line and except upto key support level :- which we have shown in attached image.

In Daily chart :- EurUsd was trading below the upper trend line and its trading below the key resistance 1.1100 level of horizontal line and last 3 candle acting as major resistance level and its was trading in the sideways movement between key resistance level and key support level so we can sell near resistance levels and except upto next support levels :- which we have shown in attached image.

In 4 Hour Chart and 1 Hour Chart :- EurUsd was trading in the triangle pattern and its was trading below key resistance level of horizontal line and now its trading near previous resistance high and its trading below the upper trend line so we can sell near key resistance level and except upto next support level:- which we have shown in attached image.

 

[Centreforex]

Gbp/Usd : 28/12/2015 Technical Analysis Report From Centreforex

Our Preference: Buy Above 1.4870 for the target 1.5000 levels.

Alternative Scenario: Nill

Technical Commentary :- In Weekly Chart :- Last week GbpUsd was closed on higher side and after testing the previous low support level and closed as candle stick hammer pattern so we can except on buying side upto next resistance level :- which we have shown in attached image.

In Daily Chart :- Last day GbpUsd was closed on higher side as bullish candle and now GbpUsd was trading in the equidistant channel lines and last day its was tested the lower channel line and closed above the key support level of horizontal line so we can except on buying side from key support levels :- which we have shown in attached image.

In 4 Hour Chart :- GbpUsd was trading with lower trend line and GbpUsd was trading in the sideways movement between key resistance level and key support level and its was trading above 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 :- GbpUsd was broken the upper trend line of the triangle pattern now this upper trend line acting as support level so we can buy near the trend line and except upto next key resistance level :- which we have shown in attached image.

 

[Centreforex]

Usd/Chf : 28/12/2015 Technical Analysis Report From Centreforex

Our Preference: Buy Above 0.9870 level for the target of 0.9950 levels.

Alternative Scenario: Nill

Technical Commentary : In Daily Chart :- UsdChf was trading near the lower trend line and its trading below key resistance level, 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 of lower trend line and except upto next key resistance level :- which we have shown in attached image.

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

In 1 Hour Chart :- UsdChf was trading with lower trend line and we got closing above the lower trend line and its was trading in the sideways movement between key resistance and key support level so we can buy near support levels and except upto next resistance level .

 

[Centreforex]

Xau/Usd : 28/12/2015 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1076 for the target 1058 levels.

Alternative Scenario: Nill

Technical Commentary:- In Weekly Chart :- Last week Gold was closed below the resistance level and now previous low acting as major resistance level and its was trading with lower trend line so this week we can except on selling side with stoploss above last 2 weeks high of resistance level of horizontal line :- which we have shown in attached image.

In Daily Chart :- Gold was trading in the sideways movement between key resistance and key support level and last day its was closed below the resistance level of horizontal line and trading with upper trend 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 intraday triangle pattern and Gold trading in the sideways movement between key resistance level and key support levels and now its was trading near key resistance level of upper trend line, so we sell near resistance level and except upto next key support levels:- which we have shown in attached image.

In 1 Hour Chart :- Gold was trading in the triangle pattern and now its was trading near key resistance level of lower trend line, If lower trend line breaks means we can except on selling side upto next key support levels:- which we have shown in attached image.

 

[Centreforex]

Eur/Usd : 29/12/2015 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1.0990 for the target of 1.0900 levels

Alternative Scenario: Nill

Technical Commentary: In Daily chart :- EurUsd was trading below the upper trend line and its trading below the key resistance of horizontal line and last 4 days high acting as major resistance level and its was trading in the sideways movement between key resistance level and key support level and its was trading with lower trend line If lower trend line breaks means we can except on selling side and except upto next key support levels :- which we have shown in attached image.

In 4 Hour Chart and 1 Hour Chart :- EurUsd was trading in the triangle pattern and its was trading below key resistance level of horizontal line and now its trading near previous resistance high and its trading below the upper trend line and it was trading with new lower trend line so we can sell near key resistance level of upper trend line and except upto next support level:- which we have shown in attached image.

 

[Centreforex]

Usd/Chf : 29/12/2015 Technical Analysis Report From Centreforex

Our Preference: Buy Above 0.9870 level for the target of 0.9950 levels.

Alternative Scenario: Nill

Technical Commentary : In Daily Chart :- UsdChf was trading in the triangle pattern and now its trading near the lower trend line and last 4 days acting as the major key support level and it was trading below key resistance level of horizontal line,If the key resistance of horizontal line breaks means we can except on buying side so today we can expect on buying side from support level of lower trend line and except upto next key resistance level :- which we have shown in attached image.

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

In 1 Hour Chart :- UsdChf was trading in the triangle pattern and it was trading near lower trend line and its was trading in the sideways movement between key resistance and key support level so we can buy near support levels and except upto next resistance level .

 

[Centreforex]

Eur/Jpy : 29/12/2015 Technical Analysis Report From CentreForex

Our Preference: Buy Above 132.00 for the target of 133.00 levels.

Alternative Scenario: Nill

Technical Commentary :- In Daily Chart and 4 Hour Chart :- EurJpy was trading in the triangle pattern and it was trading neat lower trend line so we can buy near lower trend line so today we can except on buying side from key support level :- We have shown in above image.

In 1 Hour chart :- EurJpy was trading in the equidistant channel line and its was trading with intraday lower trend line so we can except on buying side from support level to next key resistance level :- We have shown in above image.

 

[Centreforex]

Xau/Usd : 29/12/2015 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1076 for the target 1058 levels.

Alternative Scenario: Nill

Technical Commentary:- In Daily Chart :- Gold was trading in the sideways movement between key resistance and key support level and yesterday its was closed below the resistance level of horizontal line and trading below the upper trend line so today we can sell near upper trend line and except upto next support levels :- which we have shown in attached image.

In 4 Hour Chart :- Gold was trading in the intraday triangle pattern and Gold trading in the sideways movement between key resistance level and key support levels and now its was trading near key resistance level of upper trend line, so we sell near resistance level and except upto next key support levels:- which we have shown in attached image.

In 1 Hour Chart :- Gold was broken the triangle pattern lower side so its confirming for the selling side and now its was trading near key resistance level of lower trend line so we sell near resistance level and except upto next key support levels:- which we have shown in attached image.

 

[Centreforex]

Eur/Usd : 05/01/2015 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1.0870 for the target of 1.0750 levels

Alternative Scenario: Nill

Technical Commentary: In Weekly Chart :- Eur/Usd was trading in the equidistant channel lines and yesterday it tested the upper channel line and broken last week low so its confirming for the selling zone so we can sell near key resistance level and except upto next key support levels :- which we have shown in attached image.

In Daily chart :- EurUsd was trading below the upper trend line and yesterday it was tested the upper trend line and closed on lower side as bearish candle and its trading below the key resistance of horizontal line and its was trading near key support level of horizontal line If lower key support level breaks means we can except heavy sell off and except upto next key support levels :- which we have shown in attached image.

In 4 Hour Chart and 1 Hour Chart :- EurUsd was trading in the triangle pattern and its was trading above the key support level of horizontal line if key support level broken means we can except on heavy sell off so we can sell near intraday resistance levels and except upto next support level:- which we have shown in attached image.