Daily Forex Technical Analysis Report from 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.

eurusd-d1-fxpro-financial-services.png


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.

eurusd-h4-fxpro-financial-services.png


eurusd-h1-fxpro-financial-services.png
 
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.

usdchf-d1-fxpro-financial-services.png


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.

usdchf-h4-fxpro-financial-services.png


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 .

usdchf-h1-fxpro-financial-services.png
 
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.

eurjpy-d1-fxpro-financial-services.png


eurjpy-h4-fxpro-financial-services.png


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.

eurjpy-h1-fxpro-financial-services.png

 
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.

eurusd-w1-fxpro-financial-services.png


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.

eurusd-d1-fxpro-financial-services.png


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.

eurusd-h4-fxpro-financial-services.png


eurusd-h1-fxpro-financial-services.png

 
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.

eurusd-w1-fxpro-financial-services.png


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.

eurusd-d1-fxpro-financial-services.png


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.

eurusd-h4-fxpro-financial-services.png


eurusd-h1-fxpro-financial-services.png

 
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.

gbpusd-w1-fxpro-financial-services.png


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.

gbpusd-d1-fxpro-financial-services.png


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.

gbpusd-h4-fxpro-financial-services.png


gbpusd-h1-fxpro-financial-services.png
 
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.

usdchf-d1-fxpro-financial-services.png


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.

usdchf-h4-fxpro-financial-services.png


usdchf-h1-fxpro-financial-services.png
 
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.

eurjpy-d1-fxpro-financial-services.png


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.

eurjpy-h4-fxpro-financial-services.png


eurjpy-h1-fxpro-financial-services.png

 
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.

gold-w1-fxpro-financial-services.png


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.

gold-d1-fxpro-financial-services.png


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.

gold-h4-fxpro-financial-services.png


gold-h1-fxpro-financial-services.png
 
Eur/Usd : 11/01/2015 Technical Analysis Report From Centreforex


Our Preference: Buy Above 1.0860 for the target of 1.0990 levels

Alternative Scenario: Nill

Technical Commentary: In Weekly Chart :- Eur/Usd was trading in the equidistant channel lines and last week it was closed on higher side and closed near upper equidistant channel line if upper channel line breaks means we expect on buying side :- which we have shown in attached image.

eurusd-w1-fxpro-financial-services.png


In Daily chart :- EurUsd was broken the triangle pattern on upper side and last 2 days it was closed on higher side now pervious upper trend line acting as key support level so we can buy above the last days high and except upto next key resistance levels :- which we have shown in attached image.

eurusd-d1-fxpro-financial-services-5.png


In 4 Hour Chart :- EurUsd was broken the triangle pattern on upper side and now pervious upper trend line acting as key support level and major key support level of horizontal line so we can buy above the key support level and except upto next resistance level :- which we have shown in attached image.

eurusd-h4-fxpro-financial-services-3.png


In 1 Hour Chart :- EurUsd was trading in the equidistant channel line and its broken the upper trend line and key resistance level so its confirming for buying zone so we except from key support level :- which we have shown in attached image.

eurusd-h1-fxpro-financial-services-2.png
 
Gbp/Usd : 11/01/2016 Technical Analysis Report From Centreforex


Our Preference: Sell Below 1.4590 for the target 1.4450 levels.

Alternative Scenario: Nill

Technical Commentary :- In Weekly Chart :- Last week GbpUsd was closed below last year low so it s confirming for selling zone so we can sell near resistance level except upto next key support level :- which we have shown in attached image.

gbpusd-w1-fxpro-financial-services.png


In Daily Chart :- GbpUsd was trading in the equidistant channel lines and last day closing below the last year low and closed on lower side as bearish candle 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.

gbpusd-d1-fxpro-financial-services.png


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.

gbpusd-h4-fxpro-financial-services.png
 
Usd/Chf : 11/01/2016 Technical Analysis Report From Centreforex

Our Preference: Buy Above 0.9940 level for the target of 1.0020 levels.

Alternative Scenario: Sell Below 1.0020 level for the target of 0.9940 levels.

Technical Commentary : In Daily Chart :- Last Day UsdChf was tested the lower trend line of the triangle pattern and its was tested the key support level of horizontal line, now previous lower 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.

gold-h1-fxpro-financial-services.png


In 4 Hour Chart :- Usd/Chf was trading in the sideways movement between key resistance and key support levels and its was trading in the triangle pattern 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.

usdchf-h4-fxpro-financial-services.png


In 1 Hour Chart :- UsdChf was trading 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.

usdchf-h1-fxpro-financial-services.png
 
Xau/Usd : 11/01/2016 Technical Analysis Report From Centreforex

Our Preference: Buy Above 1096 for the target 1114 levels.

Alternative Scenario: Nill

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

In Daily Chart :- Gold was trading in the triangle pattern and its broken the resistance level of horizontal line and last 2 days it was closed above the resistance level so its conforming for the buying zone and we can buy near key support level and except upto next resistance level :- which we have shown in attached image.

usdchf-d1-fxpro-financial-services.png


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

gold-h4-fxpro-financial-services.png


1 Hour Chart :- Gold was broken the resistance level and now its trading with lower trend line so we can buy near lower trend line of support level and expect upto next key resistance level :- which we have shown in attached image.

gold-h1-fxpro-financial-services.png
 
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.
gold-d1-fxpro-financial-services.png


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.
gold-h4-fxpro-financial-services.png


gold-h1-fxpro-financial-services.png
 
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.
gbpusd-d1-fxpro-financial-services.png


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.
gbpusd-h4-fxpro-financial-services.png


gbpusd-h1-fxpro-financial-services.png
 
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.
eurusd-d1-fxpro-financial-services.png


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.
eurusd-h1-fxpro-financial-services.png


eurusd-h4-fxpro-financial-services.png
 
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.
eurjpy-d1-fxpro-financial-services.png


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.
eurjpy-h4-fxpro-financial-services.png


eurjpy-h1-fxpro-financial-services.png
 
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.
usdchf-d1-fxpro-financial-services.png


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.
usdchf-h4-fxpro-financial-services.png


usdchf-h1-fxpro-financial-services.png
 
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.

eurjpy-d1-fxpro-financial-services.png


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.

eurjpy-h4-fxpro-financial-services.png


eurjpy-h1-fxpro-financial-services.png

 
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.

usdchf-d1-fxpro-financial-services.png


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.

usdchf-h4-fxpro-financial-services.png


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.

usdchf-h1-fxpro-financial-services.png
 
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