Forex Ltd

CHF
The assumed test of the key support range has been confirmed with conditions for realization of the pre-planned buyers’ positions. Nevertheless taking into account the activity fall of both parties as a feature of uncertainty as well as an absence of confirmative strengthening of buyers’ activity after the formation of reversal bullish signal it is not a positive moments to preserve earlier opened buyers’ positions. In this case presuming a possibility of range movement of the rate according to the chosen strategy we assume a possibility of pair return to the nearest resistance range 1.0040/50, 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 0.9980/1.0000 and/or further breakout variant up to 0.9920/40, 0.9880/0.9900. An alternative for buyers will be above 1.0070 with the targets 1.0100/10, 1.0130/40.

GBP
The pre-planned breakout variant for buyers has been realized with overlap of minimal assumed target. OsMA trend indicator having marked the considerable rise of buyers’ activity at the break of key resistance range gives grounds to make a bullish choice of planning priorities but taking into account the general situation of activity parity of both parties there are certain risks of sharp situation change in favor of bearish party. Hence and because of descending direction of indicator chart, we assume a possibility of pair return to supports 1.9900/20, 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 1.9960/80, 2.0010/30 and/or further breakout variant up to 2.0060/80, 2.0120/40, 2.0180/2.0200. An alternative for sales will be below 1.9840 with the targets 1.9760/80, 1.9700/20.

JPY
The results of previous trading day have confirmed the uncertainty in a choice of planning priorities for today. OsMA trend indicator having marked the fall of parties’ activity because of chosen strategy gives grounds to presume pair movement inside relatively tight price range being limited by 102.60-103.50 without features of the advantage of any party. Hence and because of ascending direction of indicator chart, we assume a possibility of attainment of the nearest resistance range 103.20/30, 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 102.80/90, 102.40/60 and/or further breakout variant up to 101.80/102.00, 101.20/40. An alternative for buyers will be above 103.60 with the targets 104.00/20, 104.60/80.

EUR
The pre-planned breakout variant for buyers has been realized but activity fall of both parties revealed by OsMA indicator because of chosen strategy is not a positive moment to preserve earlier opened buyers’ positions. In this situation we assume a possibility of range movement of the rate without clearness in a choice of planning priorities for today. Hence and taking into account bearish character of indicator chart and a preservation of minimal bullish advantage, we assume a possibility of pair return to supports 1.5950/70, where it is recommended to evaluate the activity development according to the charts of shorter time interval. For short-term buys on condition of formation of topping signals the targets will be 1.6000/20 and/or further breakout variant up to 1.6060/80, 1.6120/40, 1.6180/1.6200. An alternative for sales will be below 1.5900 with the targets 1.5840/60, 1.5780/1.5800.

Note : OsMA (12,26,9) with TF 1H