Forex Ltd

CHF
The assumed test of the key resistance range has been confirmed but the relative rise of bullish activity revealed by OsMA indicator was not a positive moment to make trading decisions concerning realization of the pre-planned short positions. At present taking into account the incompletion of bullish development we assume a possibility of pair return to supports 1.0280/1.0300, 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 1.0340/60, 1.0390/1.0410 and/or further breakout variant up to 1.0450/70, 1.0490/1.0510. An alternative for sales will be below 1.0260 with the targets 1.0200/20, 1.0140/60.

GBP
The pre-planned breakout variant for buyers has been realized with attainment of minimal assumed target. OsMA trend indicator having marked the activity fall of both parties preserved the features of bullish advantage sufficient to support buyers’ planning priorities for today. Hence and because of bearish character of indicator chart, we assume a possibility of test of the nearest supports 1.9740/60, 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 1.9800/20, 1.9860/80, 1.9920/40 and/or further breakout variant up to 1.9980/2.0000, 2.0040/60. An alternative for sales will be below 1.9700 with the targets 1.9640/60, 1.9580/1.9600, 1.9520/40.

JPY
The pre-planned breakout variant for buyers has been realized with attainment of assumed target. OsMA trend indicator having marked the considerable rise of buyers’ activity because of chosen strategy gives grounds to make a corresponding choice of planning priorities for today. Hence we assume a possibility of pair return to supports 103.60/80, 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 104.20/40 and/or further breakout variant up to 104.80/105.00, 105.40/60. An alternative for sales will be below 103.40 with the targets 102.80/103.00, 102.40/60.

EUR
The assumed test of the key support range has been confirmed but the relative rise of sales’ activity revealed by OsMA indicator did not promote to immediate realization of the pre-planned buyers’ positions. At present taking into account the factor of incompletion of bearish development as well as uncertainty of bullish counteraction, we assume a possibility of pair return to the nearest resistance range 1.5740/60, 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 1.5680/1.5700, 1.5640/50 and/or further breakout variant up to 1.5580/1.5600, 1.5520/40. An alternative for buyers will be above 1.5820 with the targets 1.5860/80, 1.5940/60, 1.6000/20.