Forex Technical Analytics

CHF

The estimated test of key resistance range levels for implementation of short positions has not been confirmed, however, preserved low activity, suggests further rate range movement with no clear signs regarding planning priorities for today. Hence, we can assume probability of another test of close 1,0140/60 resistance levels, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term sales, on condition of the formation of topping signals the targets will be 1,0060/80 and (or) further break-out variant up to 1,0000/20, 0,9940/60, 0,9880/0,9900. The alternative for buyers will be above 1,0200 with the targets of 1,0240/60, 1,0300/20.

GBP

The pre-planned break-out variant for buyers has been implemented, and attainment of the anticipated targets is favored by high level of bullish activity, marked by OsMA trend indicator at break of key resistance range levels. At this point, considering bearish position of indicator chart, as for open long positions there is probability of further rate correction towards close 1,5420/40 supports, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term buying positions, on condition of the formation of topping signals the targets will be 1,5480/1,5500, 1,5540/60 and (or) further break-out variant up to 1,5600/20, 1,5660/80. The alternative for sales will be below 1,5360 with the targets of 1,5300/20.

JPY

The earlier opened and held short positions had a positive result in attainment of the anticipated targets. OsMA trend indicator, having marked break of key resistance range levels by relative rise of bullish activity, considering uncertainty about choice of planning priorities, suggests bullish cycle incompleteness and, as a result, planning of short-term long positions is favored. Therefore, considering descending direction of indicator chart, we can assume probability of rate return to 83,50/60 supports, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term buying positions, on condition of the formation of topping signals the targets will be 83,90/84,00, 84,30/40 and (or) further break-out variant up to 84,70/80, 85,10/20. The alternative for sales will be below 83,00 with the targets of 82,60/70, 82,10/20.

EUR

The pre-planned short positions from key resistance range levels have been implemented with attainment of minimal anticipated target. OsMA trend indicator, having marked parity of both party activity as a result of the previous trading day, suggests further rate range movement with no clear signs regarding planning priorities for today. Therefore, considering descending direction of indicator chart, we can assume probability of rate return to 1,2660/80 supports, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term buying positions, on condition of the formation of topping signals the targets will be 1,2720/40, 1,2780/1,2800 and (or) further break-out variant up to 1,2840/60, 1,2900/20. The alternative for sales will be below 1,2580 with the targets of 1,2520/40, 1,2460/80.