Daily Forex Technical Analysis Report from 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.

gold-d1-fxpro-financial-services-2.png


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.

gold-h4-fxpro-financial-services.png


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.

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

gbpusd-d1-fxpro-financial-services.png


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.

gbpusd-h4-fxpro-financial-services.png


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.

gbpusd-h1-fxpro-financial-services-3.png

 
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.

eurusd-d1-fxpro-financial-services.png


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.

eurusd-h4-fxpro-financial-services.png


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


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


gold-h4-fxpro-financial-services-2.png
 
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.
gbpusd-d1-fxpro-financial-services.png


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.
gbpusd-h4-fxpro-financial-services-16.png


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


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


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


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


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


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


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


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


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
eurusd-h1-fxpro-financial-services-3.png
 
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.
gbpusd-d1-fxpro-financial-services.png


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


gbpusd-h4-fxpro-financial-services.png
 
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.
usdchf-d1-fxpro-financial-services.png


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


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


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


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


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.
eurjpy-h4-fxpro-financial-services.png
 
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.
eurusd-w1-fxpro-financial-services.png


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


eurusd-h4-fxpro-financial-services.png


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.
eurusd-h1-fxpro-financial-services-2.png
 
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.
usdchf-d1-fxpro-financial-services.png


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


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


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


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.
gold-w1-fxpro-financial-services.png
 
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.
eurjpy-d1-fxpro-financial-services.png


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


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.
eurjpy-h1-fxpro-financial-services.png
 
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.
eurusd-w1-fxpro-financial-services.png


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


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.
eurusd-h4-fxpro-financial-services-2.png


eurusd-h1-fxpro-financial-services-2.png
 
Eur/Usd : 16/02/2016 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1.1190 for the target of 1.1090 levels

Alternative Scenario: Nill

Technical Commentary: In Weekly Chart :- Last EurUsd was closed on lower side but it was closed as bullish candle and closed above the key resistance 1.1100 level so its confirming for the buying side and we can buy near key support level and except upto next key resistance level :- which we have shown in attached image.
eurusd-w1-fxpro-financial-services.png


In Daily Chart :- Yesterday Eur/Usd was gab opened on lower side and its closed on lower side and new upper trend line was formed and its trading above the key resistance level of horizontal line so we can buy near the key support level and except upto next key resistance level :- which we have shown in attached image.
eurusd-d1-fxpro-financial-services.png


In 4 Hour Chart :- Eur/Usd was broken the lower trend line so today we can sell near intraday resistance level and except upto next key support level of horizontal line :- which we have shown in attached image.
eurusd-h4-fxpro-financial-services.png


In 1 Hour Chart :- Eur/Usd was broken the lower trend line and its 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 side so today we can sell near intraday resistance level and except upto next key support level of horizontal line :- which we have shown in attached image.
eurusd-h1-fxpro-financial-services.png
 
Gbp/Usd : 16/02/2016 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1.4500 for the target 1.4350 levels.

Alternative Scenario: Nill

Technical Commentary :- In weekly Chart :- GbpUsd was tested the resistance level of horizontal line, now the previous support level acting as key resistance level and last week its was closed below the resistance level so we can except on selling side upto next key support level.
gbpusd-w1-fxpro-financial-services.png


In Daily Chart :- Yesterday GbpUsd was closed on lower side as bearish candle and it was trading in the triangle pattern and last 6 days high was formed as key resistance of horizontal line so we can sell near upper trend line and sell below the key resistance level horizontal line and today we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
gbpusd-d1-fxpro-financial-services.png


In 4 Hour Chart :- GbpUsd was broken the equidistant channel line on lower side and its closed below the key resistance level horizontal line so today we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
gbpusd-h4-fxpro-financial-services.png


In 1 Hour Chart :- GbpUsd was the trading in the selling equidistant channel line and its trading near lower trend line ,if lower trend line breaks means further we can except on selling side and except upto next key support level :- which we have shown in attached image
gbpusd-h1-fxpro-financial-services.png
 
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