Daily Forex Technical Analysis Report from centreforex

Usd/Chf : 16/02/2016 Technical Analysis Report From Centreforex

Our Preference: Buy above 0.9850 level for the target of 0.9920 levels.

Alternative Scenario: Nill

Technical Commentary : In Daily Chart :- Yesterday UsdChf was closed on higher side as bullish candle and closed above the key support level of horizontal line and its confirming for buying side so 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 :- UsdChf was broken the lower trend line and its trading was above the key support level of horizontal line trend line so we can buy near intraday support level 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 in the equidistant channel line and its broken the upper trned line so its confirming for buying side so we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image.
usdchf-h1-fxpro-financial-services.png
 
Xau/Usd : 16/02/2016 Technical Analysis Report From Centreforex

Our Preference: Buy Above 1190 for the target 1220 levels.

Alternative Scenario: Nill

Technical Commentary:- In Weekly Chart :- Gold was tested the long term equidistant upper channel line and closed below the upper channel line and last week its was broken the key resistance level of horizontal line so we can buy near key support level and except upto upper trend line..
gold-w1-fxpro-financial-services.png


In Daily Chart :- Gold was trading above the upper trend line and key resistance level of horizontal line and previous resistance was acting as key support 1190 level and now gold was trading near key support level of horizontal line so today we can buy near key support 1190 level and except upto next key resistance levels :- which we have shown in attached image.
gold-d1-fxpro-financial-services.png


In 4 Hour Chart :- Gold was tested the lower trend line and closed above the key resistance level of horizontal line and we got closing above the resistance level and lower 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


In 1 Hour Chart:- Gold was trading in the triangle pattern and now gold was tested the lower trend and its confirming 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-h1-fxpro-financial-services.png
 
Eur/Usd : 23/02/2016 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1.1060 for the target of 1.0960 levels

Alternative Scenario: Nill

Technical Commentary: In Daily Chart :- Yesterday Eur/Usd was broken the key support level of horizontal line 1.1090 level and its close on lower side as bearish candle and its was trading in the triangle pattern so further we can except upto lower trend line and we can sell near intraday resistance level and except upto next key support level of lower trend line :- 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 in the equidistant channel line and its was trading below the 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-h4-fxpro-financial-services.png


eurusd-h1-fxpro-financial-services.png
 
Gbp/Usd : 23/02/2016 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1.4160 for the target 1.4050 levels.

Alternative Scenario: Nill

Technical Commentary :- In Daily Chart :- GbpUsd was broken the triangle pattern on lower side and its broken the key support level of horizontal line and yesterday its was closed below the 2010 year low and closed below support level as bearish candle so 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 trading below the key resistance level horizontal line and its was trading below yearly low 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 equidistant channel line and its trading below the key resistance level of horizontal line so we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
gbpusd-h1-fxpro-financial-services.png
 
Usd/Chf : 23/02/2016 Technical Analysis Report From Centreforex

Our Preference: Buy Above 0.9900 level for the target of 1.0070 levels.

Alternative Scenario: Nill

Technical Commentary : In Daily Chart :- UsdChf was broken the resistance level of horizontal line and closed above the resistance level and closed as bulish candle so further we can except on buying side and we can buy near intraday 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 and 1 Hour Chart :- UsdChf was trading in the equidistant channel lines and after testing the upper channel line its coming to test the lower channel line of support level so we can buy near lower channel line and except upto next key resistance level :- which we have shown in attached image.
usdchf-h4-fxpro-financial-services.png


usdchf-h1-fxpro-financial-services.png
 
Xau/Usd : 23/02/2016 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1122 for the target 1205 levels.

Alternative Scenario: Nill

Technical Commentary:- In Daily Chart :- Gold was trading in the triangle pattern and yesterday it was closed on lower side as bearish candle so today we can sell near intraday resistance level and except upto next key 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 in the triangle pattern and its was trading in the sideways movement between key resistance level and key support level now its trading near upper 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.
gold-h4-fxpro-financial-services.png


gold-h1-fxpro-financial-services.png
 
Eur/Jpy : 23/02/2016 Technical Analysis Report From CentreForex

Our Preference: Sell Below 125.00 for the target of 123.00 levels.

Alternative Scenario: Nill

Technical Commentary :- In Daily Chart:- EurJpy was broken the equidistant channel line on lower side and its broken the major key support 2013 year low so its confirming for the selling side so we can sell near intraday resistance levels and except upto next key support level :- which we have shown in above image.
eurjpy-d1-fxpro-financial-services.png


In 4 Hour Chart :- Eur Jpy was trading below the year low and its trading with upper trend line and its trading below the key resistance level of horizontal line so we can sell near intraday resistance levels 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 in the equidistant channel lines and its was trading below the year low and its trading below the key resistance level of horizontal line so we can sell near intraday resistance levels and except upto next key support level :- which we have shown in above image.
eurjpy-h1-fxpro-financial-services.png
 
Eur/Usd : 25/02/2016 Technical Analysis Report From Centreforex

Our Preference: Buy Above 1.1000 for the target of 1.1080 levels

Alternative Scenario: Nill

Technical Commentary: In Daily Chart :- Yesterday Eur/Usd was tested the lower trend line and closed on higher side as hammer pattern so further we can except on higher side and 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 :- Eur/Usd was broken the triangle pattern on upper side and yesterday it was tested lower trend line so it was confirming for buying side and 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.png


In 1 Hour Chart :- EurUsd was broken the equidistant channel line on upper side and its was trading in the sideways movement so it was confirming for buying side and we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image.
[MG]https://charts.mql5.com/10/321/eurusd-h1-fxpro-financial-services.png[/IMG]
 
Gbp/Usd : 25/02/2016 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1.4000 for the target 1.4880 levels.

Alternative Scenario: Nill

Technical Commentary :- In Daily Chart :- GbpUsd was trading below the key support level and trading below the 2010 year low so 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 trading below the key resistance level horizontal line and its was trading below yearly low 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 equidistant channel line and its trading below the key resistance level of horizontal line so we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
gbpusd-h1-fxpro-financial-services.png
 
Usd/Chf : 15/03/2016 Technical Analysis Report From Centreforex

Our Preference: Sell Below 0.9900 level for the target of 0.9800 levels.

Alternative Scenario: Nill

Technical Commentary : In Daily Chart :- Last 2 Days UsdChf was closed below the key resistance

level and its was trading in the new triangle pattern so we can sell near last 2 days high or we can

sell near the key resistance level and except upto next key support level :- which we have shown in

attached image.
usdchf-d1-fxpro-financial-services.png


In 4 Hour Chart :- After testing the upper trend line Eur/Usd moving towards the key support level

of horizontal line broken so we can sell near intraday key resistance level and except upto next key

support level :- which we have shown in attached image.
usdchf-h4-fxpro-financial-services.png


In 1 Hour Chart :- Eur/Usd was trading in the triangle pattern and its was trading in the sideways

movement so we can sell near intraday key resistance level and except upto next key support level

:- which we have shown in attached image.
usdchf-h1-fxpro-financial-services.png
 
Xau/Usd : 15/03/2016 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1244 for the target 1200 levels.

Alternative Scenario: Nill

Technical Commentary:- In Weekly Chart :- Gold was tested the long term equidistant upper

channel line and new upper trend line was formed and last week after the upper trend line its came

back and closed on lower side as bearish candle and yesterday its broken the key support level so

this week we can except on selling side upto next key support level of horizontal line.
gold-w1-fxpro-financial-services.png


In Daily Chart :- Yesterday gold was broken the key support level of lower trend line and closed

below the lower trend line and its closed as bearish candle so today we can except sell off from the

intraday resistance level upto next key 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 lower trend line of key support level and

its was trading below the key support level and now this key support level acting as key resistaace

1244 level so we can except on selling side below 1244 upto next key support 1200 levels :- which

we have shown in attached image.
gold-h4-fxpro-financial-services.png
 
Eur/Jpy : 15/03/2016 Technical Analysis Report From Centreforex

Our Preference: Sell Below 125.50 for the target 124.50 levels.

Alternative Scenario: Buy Above 124.30 for the target 125.80 levels.

Technical Commentary :- In Daily Chart :- EurJpy was trading in the equidistant channel line and

yesterday in daily chart EurJpy was closed like as bearish engulfing pattern and its was trading

below the key resistance level of 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.
eurjpy-d1-fxpro-financial-services.png


In 4 Hour Chart :- EurJpy was trading in the equidistant channel line and its moving towards the

key support level of horizontal line and lower trend line so we can sell near intraday resistance

level and except upto next key support level :- which we have shown in attached image.
eurjpy-h4-fxpro-financial-services.png


In 1 Hour Chart :- EurJpy was trading in the equidistant channel line and its trading near new lower

trend line if the lower trend line breaks means we will except upto next lower trend line of

equidistant channel line so we can sell below the lower trend line and except upto next key support

level :- which we have shown in attached image.
eurjpy-h1-fxpro-financial-services.png
 
Eur/Usd : 15/03/2016 Technical Analysis Report From Centreforex

Our Preference: Buy Above 1.1060 for the target of 1.1160 levels

Alternative Scenario: Nill

Technical Commentary: In Weekly Chart :- Last week EurUsd was closed on higher side as bullish

candle and closed above the key resistance 1.1090 levels so its confirming for the buying side and

its was trading in the triangle pattern so 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 :- Last 2 Days Eur/Usd was closed above the key resistance level and its was trading

in the new triangle pattern and its trading above the key resistance level of horizontal line so we

can buy near last 2 days low or 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 :- After testing the upper trend line Eur/Usd moving towards 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.
eurusd-h4-fxpro-financial-services-2.png


In 1 Hour Chart :- Eur/Usd was trading in the triangle pattern and its was trading above the key

resistance level so we can buy near key support level and except upto next key resistance level :-

which we have shown in attached image.
eurusd-h1-fxpro-financial-services.png
 
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.
eurusd-w1-fxpro-financial-services.png


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


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


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


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


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


gold-h1-fxpro-financial-services.png
 
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.
gbpusd-w1-fxpro-financial-services.png


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


gbpusd-h1-fxpro-financial-services.png


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


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


usdchf-h1-fxpro-financial-services.png
 
Xau/Usd : 14/06/2016 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1284 for the target 1270 levels.
Alternative Scenario: Nill

Technical Commentary:- In Daily Chart :- Gold was reached the key resistance level of 1282
levels , now 4th time gold was testing same resistance 1282 level of horizontal line so today we
can except on sell side from the resistance level and except upto next key 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 equidistant channel line on lower side
and its reached the key resistance level of horizontal line, so today we can except on sell side
from the resistance level and except upto next key support levels :- which we have shown in
attached image.
gold-h4-fxpro-financial-services-3.png


gold-h1-fxpro-financial-services.png
 
Eur/Usd : 14/06/2016 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1.1300 for the target of 1.1220 levels
Alternative Scenario: Nill

Technical Commentary: In Daily Chart :- EurUsd was trading in the equidistant channel lines
and new upper trend line was formed as resistance line so its confirming for the range bound
trade between uptrend line and lower trend line so we can sell below the key resistance of
upper trend line and except upto next key support level of lower trend line :- which we have
shown in attached image.
eurusd-d1-fxpro-financial-services.png


In 4 Hour Chart :- EurUsd was trading in the triangle pattern so its confirming for the range
bound trade between uptrend line and lower trend line so we can sell below the key rsistance
of upper trend line and except upto next key support level of lower trend line :- which we have
shown in attached image.
eurusd-h4-fxpro-financial-services.png


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.
eurusd-h1-fxpro-financial-services-3.png
 
Gbp/Usd : 14/06/2016 Technical Analysis Report From Centreforex

Our Preference: Sell Below 1.4200 for the target of 1.4050 levels
Alternative Scenario: Nill

Technical Commentary: In Daily Chart and 4 Hour Chart :- GbpUsd was broken the lower trend
line and its trading below the lower trend line of key support level 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.
gbpusd-d1-fxpro-financial-services.png


gbpusd-h4-fxpro-financial-services.png


In 1 Hour Chart :- Gbp/Usd was broken the lower trend line and key support level of horizontal
line so we can sell below the key resistance 1.4200 level and except upto next key support level
:- which we have shown in attached image.
gbpusd-h1-fxpro-financial-services.png
 
Top