Daily Technical Analysis Report From CentreForex

[Centreforex]

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.

 

[Centreforex]

Eur/Usd : 29/01/2015 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1.0950 for the target of 1.0880 levels

Alternative Scenario: Nill

Technical Commentary: In Daily Chart :- Eur/Usd was trading in the triangle pattern and yesterday its was tested the upper trend line and closed below the key resistance level of horizontal line 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 :- Eur/Usd was trading in the triangle pattern and yesterday its was tested the upper trend line 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 1 Hour :- EurUsd was trading in the equidistant channel line and its trading near upper channel line 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

 

[Centreforex]

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

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

Alternative Scenario: Nill

Technical Commentary :- In Daily Chart :- GbpUsd was trading in the equidistant channel lines and after testing the 2010 year low its came back to the resistance level now its trading near resistance level 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 line and its trading near upper channel 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.

 

[Centreforex]

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.

 

[Centreforex]

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.

 

[Centreforex]

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.

 

[Centreforex]

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.

 

[Centreforex]

Eur/Usd : 13/06/2016 Technical Analysis Report From Centreforex
Our Preference: Sell Below 1.1300 for the target of 1.1220 levels
Alternative Scenario: Nill

Technical Commentary: In Weekly Chart :- Last week EurUsd was tested the upper trend line of the triangle pattern and its was closed on lower side as bearish candle and EurUsd was trading in the triangle pattern 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 in the equidistant channel line and its trading below the resistance of horizontal line and new upper trend line was formed as resistance line and last 2 days Eur/Usd was closed as bearish candle and its closed on lower side so its confirming for the selling side and we can sell near key resistance level and except upto next key support levels :- which we have shown in attached image.

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

 

[Centreforex]

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.

 

[Centreforex]

Gbp/Usd : 13/06/2016 Technical Analysis Report From Centreforex
Our Preference: Sell Below 1.4200 for the target of 1.4050 levels
Alternative Scenario: Nill

Technical Commentary: In Weekly Chart :- Last week GbpUsd was closed on lower side as
bearish candle and today morning it was broken the key support levels of 2010 year low 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 and 4 Hour Chart :- GbpUsd was broken the lower trend line and its broken key
support level of horizontal line so further we can except on selling side upto next support levels
and we can sell near key resistance level and except upto next key support levels :- which we
have shown in attached image.

In 1 Hour Chart :- Gbp/Usd was broken the lower trend line and key support level of horizontal
line so we can sell near key resistance level and except upto next key support level :- which we
have shown in attached image.

 

[Centreforex]

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

Our Preference: Sell Below 0.9670 level for the target of 0.9580 levels.
Alternative Scenario: Nill

Technical Commentary : In Daily Chart :- After testing the upper trend line,Usd/Chf was came down and broken major key support level of horizontal line so we can except on selling side to test upto lower trend line:- which we have shown in attached image.

In 4 Hour Chart and In 1 Hour Chart :- Usd/Chf was trading in the sideways movement between key resistance level and key support level so today we can except on selling side of next key support level :- which we have shown in attached image.