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 generally marked stronger position of buyers' party in a short-term perspective preserves the advantage of bearish party as a ground to support earlier opened short positions but with minimal targets near minimum levels of previous week. Hence we assume the attainment of support range 1.0380/1.0400, 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 reversal signals the targets will be 1.0440/60, 1.0500/30 and/or further breakout variant up to 1.0570/90, 1.0620/40. An alternative for sales' renovation will be below 1.0340 with the targets 1.0280/1.0300, 1.0220/40.

GBP

The pre-planned breakout variant for sales has been realized with attainment of minimal assumed target. OsMA trend indicator having marked the relative rise of parties' activity as a result of previous trading day also revealed stronger development level of buyers. Hence we assume a possibility of range movement of the rate with pair return to the nearest supports 1.9510/20, 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 1.9580/1.9600 and/or further breakout variant up to 1.9650/70, 1.9700/20. An alternative for sales will be below 1.9490 with the targets 1.9430/50, 1.9380/1.9400

JPY

Previous trading day did not have confirmative events for realization of earlier composed trading plans. At present as before evaluating the situation in favor of bullish party we assume a possibility of pair return to support range 103.50/60, 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 103.90/104.00, 104.40/60 and/or further breakout variant up to 105.00/20, 105.40/60. An alternative for sales will be below 103.00 with the targets 102.40/60.

EUR

The pre-planned buyers' positions from the key support range have been realized with attainment of main assumed targets. OsMA trend indicator having marked the advantage of bullish party continues to support the priority of buyers' planning for today. Hence and because of descending direction of indicator chart we assume a possibility of pair return to supports 1.5470/90, 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 1.5530/40, 1.5580/1.5600 and/or further breakout variant up to 1.5640/60, 1.5690/1.5710, 1.5730/50. An alternative for sales will be below 1.5380 with the targets 1.5310/30, 1.5260/80.

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