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Flat Of EUR/USD Print E-mail
Daily Forex Technicals | Written by FOREX Ltd | Mar 29 11 08:04 GMT

Flat Of EUR/USD

CHF

The assumed retracement to the key supports has been confirmed with conditions for realization of the planned long positions. OsMA trend indicator, having marked preservation of parity of parties' activity, with current upside bias «supports» preservation of long positions targeting 0,9220/40 and/or further breakout variant up to 0,9280/0,9300, 0,9340/60. Alternative for sales will be below 0,9100 targeting 0,9040/60, 0,8980/0,9000.

GBP

The planned breakout variant for sales has been realized with achievement of the minimum assumed target. OsMA trend indicator, having marked preservation of relatively low level of parties' activity, gives grounds to preserve bearish preferences for planning trades for today. Thus, presently, taking into account the upside bias of the indicator chart, we assume a possibility of retracement to the key resistance levels at 1,6040/60, where it is recommended to evaluate activity development on the charts with smaller time frame. For short-term sales, on condition of formation of topping signals, the targets will be 1,5980/1,6000, 1,5920/40 and/or further breakout variant up to 1,5860/80, 1,5800/20. Alternative for buyers will be above 1,6100 targeting 1,6140/60, 1,6200/20.

JPY

Preservation of low parties' activity doesn't bear enough information for planning trades for today, which introduces additional risks in their realization. Nevertheless, as earlier, we assume a possibility of retracement to the nearest supports at 81,50/60, where it is recommended to evaluate activity development on the charts with smaller time frame. For short-term long positions, on condition of formation of topping signals, the targets will be 81,90/82,10 and/or further breakout variant up to 82,40/50, 82,90/83,10. Alternative for sales will be below 81,20 targeting 80,80/90, 80,50/60.

EUR

The assumed retracement to the key resistance levels has been confirmed with conditions for realization of the planned sales. OsMA trend indicator, having marked a tendency of drop of parties' activity doesn't contradict with preservation of open short positions targeting 1,4020/40 and/or further breakout variant up to 1,3960/80, 1,3900/20. Alternative for buyers will be above 1,4140 targeting 1,4180/1,4200, 1,4240/60.

 

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