Forex Technical Analytics

CHF

The pre-planned breakout variant for sales has been realized but without attainment of assumed targets within previous trading day. OsMA trend indicator having marked the features of formation of reversal bullish signal with further strengthening of buyers' activity is not a positive moment to preserve earlier opened short positions but gives grounds to choose bullish guiding lines to plan trading operations for today. Hence we assume a possibility of pair return to the nearest supports 1.0440/50, where it is recommended to evaluate the activity development according to the charts of shorter time interval. For short-term buyers' positions on condition of formation of topping signals the targets will be 1.0480/90, 1.0520/40 and/or further breakout variant up to 1.0580/1.0600, 1.0620/40. An alternative for sales will be below 1.0420 with the targets 1.0360/80, 1.0300/20.

GBP

Low activity of both parties with their close parity did no bring in clearness to realization of earlier composed trading plans. In this situation without revealed grounds for choosing planning priorities for today we assume a possibility of preservation of descending tendency of rate movement but with a risk of sharp situation change in favor of bullish party. Hence and because of minimal bearish advantage we assume a possibility of pair return to the nearest resistance range 1.9490/1.9510, where it is recommended to evaluate the activity development according to the charts of shorter time interval. For short-term sales on condition of formation of topping signals the targets will be 1.9450/60, 1.9400/10 and/or further breakout variant up to 1.9340/60, 1.9300/20. An alternative for buyers will be above 1.9540 with the targets 1.9580/1.9600, 1.9660/80, 1.9700/20.

JPY

The pre-planned breakout variant for sales has been realized with attainment of minimal assumed target. OsMA trend indicator having marked the considerable rise of buyers' activity after formed reversal bullish signal at the attainment of key supports gives grounds to choose planning priorities for today that correspond to bullish activity. Hence and taking into account parties' activity on the charts of lower period, we assume a possibility of pair return to supports 103.05/15, where it is recommended to evaluate the activity development according to the charts of shorter time interval. For buyers' positions on condition of formation of topping signals the targets will be 103.45/55, 103.80/104.00 and/or further breakout variant up to 104.40/60, 104.90/105.10. An alternative for sales will be below 102.90 with the targets 102.50/60, 102.00/10.

EUR

Earlier opened buyers' positions have attained the minimal assumed target with consequent realization of the pre-planned sales with a positive result in attainment of the nearest targeted support level. At present taking into account the reversal bearish signal formed by indicator with further relative rise of bearish activity we assume a possibility of further rate correction but with a preservation of buyers' planning priorities for today. Hence and because of descending direction of indicator chart, we assume a possibility of pair return to supports 1.5360/80, where it is recommended to evaluate the activity development according to the charts of shorter time interval. For short-term buyers' positions on condition of formation of topping signals the targets will be 1.5420/40, 1.5480/1.5500 and/or further breakout variant up to 1.5550/70, 1.5600/20. An alternative for sales' renovation will be below 1.5340 with the targets 1.5280/1.5300, 1.5210/30.

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