Forex Ltd.

CHF
The assumed test of the key support range has been confirmed but the relative rise of bearish activity revealed by OsMA indicator was not a positive moment for immediate realization of the pre-planned buyers’ positions. At present taking into account the preservation of minimal bearish advantage we assume a possibility of test of the nearest supports 1.0310/20, 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 1.0380/1.0400, 1.0420/40 and/or further breakout variant up to 1.0480/1.0500, 1.0540/60. An alternative for sales will be below 1.0270 with the targets 1.0210/30, 1.0160/80.

GBP
The pre-planned breakout variant for buyers has been realized with overlap of assumed target. OsMA trend indicator having marked the considerable rise of bullish activity at the break of boundary resistance range gives grounds to choose a variant of buyers’ planning priorities for today. Hence and because of descending direction of indicator chart, we assume a possibility of pair return to the nearest supports 1.9810/30, 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 1.9880/1.9900 and/or further breakout variant up to 1.9960/80, 2.0020/40, 2.0080/2.0100. An alternative for sales will be below 1.9770 with the targets 1.9700/20, 1.9630/50, 1.9560/80.

JPY
The pre-planned breakout variant for buyers has been realized with attainment of minimal assumed target. OsMA trend indicator having marked the relative rise of parties’ activity with a preservation of their parity did not reveal the sufficient advantage of any party to make a definite choice of planning priorities for today. Hence and because of chosen strategy we assume a possibility of further range movement of the rate with a test of the nearest resistance range 104.10/20, 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 103.50/70, 102.60/80 and/or further breakout variant up to 101.80/90, 101.00/20. An alternative for buyers will be above 104.40 with the targets 104.80/105.00, 105.50/70.

EUR
The assumed test of the key resistance range has been confirmed with conditions for realization of the pre-planned short positions. OsMA trend indicator having marked the considerable rise of buyers’ activity brings in some risk to a preservation of earlier opened short positions and the general situation of activity parity of both parties supports a possibility of further movement within the version of descending trading channel. For opened short positions the targets will be 1.5560/80, 1.5500/20 and/or further breakout variant up to 1.5440/60, 1.5380/1.5400, 1.5310/30. An alternative for buyers will be above 1.5720 with the targets 1.770/90, 1.5820/40.