Daily Technical Analysis Report From CentreForex

[Centreforex]

Gbp/Usd : 05/01/2016 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1.4780 for the target 1.4650 levels.

Alternative Scenario: Nill

Technical Commentary :- In Weekly Chart :- Last week GbpUsd was broken the lower trend line and its closed on lower side as bearish candle and now previous lower trend line acting as key resistance level and yesterday it tested the resistance level and yesterday closed below last week low so its confirming for selling side so we can except on selling side upto next support level :- which we have shown in attached image.

In Daily Chart :- GbpUsd was trading in the equidistant channel lines and its trading below the key support levels so we can sell near intraday resistance level and except upto next support levels :- which we have shown in attached image.

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

 

[Centreforex]

Usd/Chf : 05/01/2016 Technical Analysis Report From Centreforex

Our Preference: Buy Above 0.9990 level for the target of 1.0100 levels.

Alternative Scenario: Nill

Technical Commentary : In Daily Chart :- UsdChf was broken the triangle pattern on upper side so now previous upper trend line acting as key support level so we can buy near support level and except upto next key resistance level of upper trend line :- which we have shown in attached image.

In 4 Hour Chart and 1 Hour Chart :- Usd/Chf was trading in the equidistant channel line and its was trading in the sideways movement between key resistance and key support levels and its broken the key resistance line of horizontal line so we can buy near intraday support level and except upto next resistance level :- which we have shown in attached image.

 

[Centreforex]

Eur/Jpy : 05/01/2015 Technical Analysis Report From CentreForex

Our Preference: Sell Below 129.50 for the target of 127.60 levels.

Alternative Scenario: Nill

Technical Commentary :- In Daily Chart:- Yesterday EurJpy was broken last month low and closed below the major key support level, now previous support level of horizontal line acting as key resistance level so we can sell near resistance level of horizontal line and except upto next key support levels :- which we have shown in above image.

In 4 Hour Chart and In 1 Hour chart :- EurJpy was broken the equidistant channel line on lower side and broken the lower side of sideways movement so we can sell near intraday resistance level and except upto next key support level :- which we have shown in above image.

 

[Centreforex]

Xau/Usd : 05/01/2016 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1082 for the target 1073 levels.

Alternative Scenario: Nill

Technical Commentary:- In Weekly Chart :- Last week Gold was trading with upper trend line and closed below the 1080 resistance level of horizontal line and now last 4 days acting as major resistance level so this week we can except on selling side with stoploss above last 3 weeks high of resistance level of horizontal line :- which we have shown in attached image.

In Daily Chart :- Gold was trading in the triangle pattern and its 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 and its tested 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 and 1 Hour Chart :- Gold was broken the triangle pattern on upper side so we can except upto next key resistance level of horizontal line and Gold was trading in the sideways movement between key resistance level and key support levels so we sell near resistance level and except upto next key support levels:- which we have shown in attached image.

 

[Centreforex]

Xau/Usd : 12/01/2016 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1099 for the target 1088 levels.

Alternative Scenario: Nill

Technical Commentary:- In Daily Chart :- Gold was trading in the triangle pattern, yesterday it was
closed below the resistance level of horizontal line and its closed as bearish candle so today we
can sell near key resistance level and except upto next support level :- which we have shown in
attached image.

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

 

[Centreforex]

Gbp/Usd : 12/01/2016 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1.4550 for the target 1.4450 levels.

Alternative Scenario: Nill

Technical Commentary :- In Daily Chart :- GbpUsd was trading in the equidistant channel lines and
yesterday its was closed on lower side and its was trading so we can sell near intraday resistance
level and except upto next support levels :- which we have shown in attached image.

In 4 Hour Chart and 1 Hour Chart :- GbpUsd was trading in the equidistant channel lines and its
trading with intraday upper trend line so we can sell near intraday upper trend line and except upto
next support levels :- which we have shown in attached image.

 

[Centreforex]

Eur/Usd : 12/01/2015 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1.0900 for the target of 1.0800 levels

Alternative Scenario: Nill

Technical Commentary: In Daily chart and 4 Hour Chart :- Yesterday EurUsd was inside the triangle pattern and now its trading near upper line of the triangle pattern so we can sell near upper trend line and except upto next key support level :- which we have shown in attached image.

In 1 Hour Chart :- EurUsd was tested upper trend line and it was trading in the equidistant channel line and if lower channel line breaks means we can except sell off upto next key support level :- which we have shown in attached image.

 

[Centreforex]

Eur/Jpy : 12/01/2015 Technical Analysis Report From CentreForex

Our Preference: Sell Below 128.00 for the target of 126.60 levels.

Alternative Scenario: Nill

Technical Commentary :- In Daily Chart:- EurJpy was trading below the major key support level of horizontal line so we can except on selling side upto next key support levels :- which we have shown in above image.

In 4 Hour Chart and In 1 Hour chart :- EurJpy was broken the equidistant channel line on lower side and now this lower equidistant channel line acting as resistance level broken so we can sell near intraday resistance level and except upto next key support level :- which we have shown in above image.

 

[Centreforex]

Usd/Chf : 12/01/2016 Technical Analysis Report From Centreforex

Our Preference: Buy Above 0.9950 level for the target of 1.0100 levels.

Alternative Scenario: Nill

Technical Commentary : In Daily Chart and 4 Hour Chart :- UsdChf was trading in the triangle pattern and Usd/Chf was trading in the sideways movement between key resistance and key support levels and yesterday it was closed as bullish candle so we can buy near support level and except upto next key resistance level of upper trend line :- which we have shown in attached image.

In 1 Hour Chart :- UsdChf was trading with upper trend line and trading with key support level of horizontal line in the equidistant channel lines and its was trading with the key support level of horizontal line now its was trading near upper channel line so we can sell near upper channel line and except upto key support levels line :- which we have shown in attached image.

 

[Centreforex]

Eur/Jpy : 14/01/2015 Technical Analysis Report From CentreForex

Our Preference: Sell Below 129.70 for the target of 126.10 levels.

Alternative Scenario: Nill

Technical Commentary :- In Daily Chart:- EurJpy was trading below the major key support level of horizontal line so we can except on selling side we can sell near resistance level upto previous key support levels :- which we have shown in above image.

In 4 Hour Chart and 1 Hour Chart :- Eur Jpy was trading in the triangle pattern now it was trading near lower trend line if lower trend line breaks means we can except on selling zone other wise again we will get maojre resistance level so today we sell near major resistance level of horizontal line and except upto next key support level :- which we have shown in above image.

 

[Centreforex]

Usd/Chf : 14/01/2016 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1.0090 level for the target of 1.000 levels.

Alternative Scenario: Nill

Technical Commentary : In Daily Chart :- UsdChf was trading in the triangle pattern and yesterday its tested the upper trend line and its came back and closed on lower side and its was trading in the sideways movement between key resistance and key support levels now its was trading near upper trend line so we can sell near upper trend line and except upto next key support level :- which we have shown in attached image.

In 4 Hour Chart :- Usd/Chf was trading in the triangle pattern now its was trading near upper trend line, its couldn’t able to break the 3rd testing of upper trend line so we can sell near upper trend line and except upto next key support level :- which we have shown in attached image.

In 1 Hour Chart :- UsdChf was trading with upper trend line and trading near key resistance level and its was broken the lower trend line so its confirming for the selling side so we can sell near upper trend line and except upto next key support level :- which we have shown in attached image.

 

[Centreforex]

Xau/Usd : 14/01/2016 Technical Analysis Report From Centreforex

Our Preference: Buy Above 1088 for the target 1100 levels.

Alternative Scenario: Sell Below 1085 for the target 1078 levels.

Technical Commentary:- In Daily Chart :- Gold was trading in the triangle pattern, yesterday it was tested the key support level of horizontal line and closed on higher side as bullish candle 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 broken the resistance 1088 level of horizontal line and its was trading in the sideways movement between key resistance level and key support level so we can buy near support level of horizontal line and except upto next key resistance 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 upper trend line, if the upper trend line breaks means we can except on buying zone If not it will come to lower trend line from there we can except on buying side, so today we can buy near intraday support level and except upto next resistance levels :- which we have shown in attached image.

 

[Centreforex]

Gbp/Usd : 14/01/2016 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1.4450 for the target 1.4350 levels.

Alternative Scenario: Nill

Technical Commentary :- In Daily Chart :- GbpUsd was broken the equidistant channel lines on lower side and GbpUsd was broken the last year low so its confirming for the selling side, so we can sell near intraday resistance level and except upto next support levels :- which we have shown in attached image.

In 4 Hour Chart :- GbpUsd was trading in the equidistant channel lines and tested lower equidistance channel line and last 2 days its was trading in the sideways movement between key support level and resistance levels and now its formed intraday triangle pattern, now it was trading near lower trend line, if lower trend line breaks means further we can except on selling side so we can sell near intraday resistance level and except upto next support levels :- which we have shown in attached image.

In 1 Hour Chart :- GbpUsd was trading in the triangle pattern and now its was trading near lower trend line is the lower trend line breaks means we can except on selling side so we can sell near intraday resistance level and except upto next support levels :- which we have shown in attached image.

 

[Centreforex]

Eur/Usd : 14/01/2015 Technical Analysis Report From Centreforex

Our Preference: Buy Above 1.0850 for the target of 1.0990 levels

Alternative Scenario: Sell Below 1.0800 for the target of 1.0720 levels

Technical Commentary: In Daily chart :- Yesterday EurUsd was trading in the triangle pattern and yesterday it was tested the key support level of horizontal line and yesterday it was closed on higher side as bullish candle and its was trading near upper trend line if upper trend line breaks means we except on buying zone , today 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 In 1 Hour Chart : EurUsd was trading in the triangle pattern and its was trading in the sideways movement between key support level and key resistance level,After testing the support level its was bounced back now it was trading near upper trend line if upper trend line breaks means we except on next key resistance levels :- which we have shown in attached image.

 

[Centreforex]

Xau/Usd : 21/01/2016 Technical Analysis Report From Centreforex

Our Preference: Buy Above 1099 for the target 1112 levels.

Alternative Scenario: Nill

Technical Commentary:- In Daily Chart :- Yesterday Gold was closed above the key resistance level of horizontal line and its was trading near the key support level of horizontal line 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 and 1 Hour Chart :- Gold was broken the sideways movement on upper side now previous resistance acting as key support 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.

 

[Centreforex]

Gbp/Usd : 21/01/2016 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1.4200 for the target 1.4100 levels.

Alternative Scenario: Nill

Technical Commentary :- In Daily Chart :- GbpUsd was broken the equidistant channel lines on lower side and GbpUsd was closed below the 2010 year low so its confirming for the selling side, so we can sell near intraday resistance level and except upto next support levels :- which we have shown in attached image.

In 4 Hour Chart :- GbpUsd was trading with upper trend line and its trading below the resistance level of horizontal level, so we can sell near intraday resistance level and except upto next support levels :- which we have shown in attached image.

In 1 Hour Chart :- GbpUsd was trading in the equidistant lines and now its was trading near resistance level of horizontal line so we can sell near intraday resistance level and except upto next support levels :- which we have shown in attached image.

 

[Centreforex]

Eur/Usd : 21/01/2015 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1.0920 for the target of 1.0840 levels

Alternative Scenario: Nill

Technical Commentary: In Daily Chart :- After testing the key resistance level of horizontal line and after testing upper trend line of the triangle pattern its was closed on lower side and it was trading in the triangle pattern and its was trading in the sideways movement between key resistance level and key support level so today we can sell below the resistance level and except upto next key support level :- which we have shown in attached image.

In 4 Hour Chart Chart :- EurUsd was trading with lower trend line and its was trading in the sideways movement between key support level and key resistance 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 trading in the triangle pattern and trading near 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.

 

[Centreforex]

Usd/Chf : 21/01/2016 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1.0060 level for the target of 0.9990 levels.

Alternative Scenario: Nill

Technical Commentary : In Daily Chart and 4 Hour Chart :- UsdChf was trading in the triangle pattern and yesterday its tested the upper trend line and its was trading in the sideways movement between key resistance and key support levels now its was trading near upper trend line so we can sell near upper trend line and except upto next key support level of lower trend line :- which we have shown in attached image.

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

 

[Centreforex]

Eur/Jpy : 21/01/2015 Technical Analysis Report From CentreForex

Our Preference: Sell Below 127.50 for the target of 126.50 levels.

Alternative Scenario: Nill

Technical Commentary :- In Daily Chart:- EurJpy was started to move towards last year low and it was trading in the triangle pattern and yesterday its was closed on lower side and as bearish candle so we can except on selling side and we can sell near resistance level and except upto next key support levels :- which we have shown in above image.

In 4 Hour Chart :- Eur Jpy was broken the triangle pattern on lower side so we can except on selling zone and we can sell near resistance level of previous lower trend line and except upto next key support level :- which we have shown in above image.

In 1 Hour Chart :- EurJpy was trading below the upper trend line and its broken the support level of horizontal line so its confirming for the selling side so we can sell near intraday resistance level and except upto next key support level :- which we have shown in above image.

 

[Centreforex]

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.