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Technical Analysis
Daily Technical Analysis Report From CentreForex
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[QUOTE="Centreforex, post: 93828, member: 36276"] [B]Usd/Chf :[/B] 15/12/2015 Technical Analysis Report From Centreforex [B]Our Preference:[/B] Sell Below 0.9830 for the target of 0.9750 levels. [B]Alternative Scenario:[/B] Nill [B]Technical Commentary : In Daily Chart :-[/B] Last 4 days UsdChf was trading in the sideways movement between key resistance and key support level and trading above the lower trend line and its trading below key resistance level, If lower trend line breaks means we can except on selling side from intraday resitance level and except upto next key support level :- which we have shown in attached image. [IMG]https://charts.mql5.com/9/654/usdchf-d1-fxpro-financial-services.png[/IMG] [B]In 4 Hour Chart :- [/B] Usd/Chf was trading in the equidistant channel lines and its breaks the key support level of horizontal line so its confirming for selling side and its trading sideways movement between key resistance and key support levels and its trading near upper channel line so we can sell near upper channel line and except upto next support level :- which we have shown in attached image. [IMG]https://charts.mql5.com/9/654/usdchf-h1-fxpro-financial-services-2.png[/IMG] [B]In 1 Hour Chart :-[/B] UsdChf was trading below upper trend line and its trading in the sideways movement between key resistance and key support level so we can sell below the upper trend line and except upto next key support level :- which we have shown in attached image. [IMG]https://charts.mql5.com/9/655/usdchf-h4-fxpro-financial-services.png[/IMG] [/QUOTE]
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