Forex Ltd

CHF
The pre-planned breakout variant for sales has been realized with overlap of assumed targets. OsMA trend indicator having marked the progress of bearish activity with a formation of reversal bullish signal with further relative strengthening of buyers’ activity gives grounds to presume a possibility of rate correction period but with a preservation of bearish planning priorities for today. Hence we assume a possibility of pair return to resistance range 1.0260/80, 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 1.0200/20, 1.0160/80 and/or further breakout variant up to 1.0100/20, 1.0060/80. An alternative for buyers will be above 1.0300 with the targets 1.0340/60, 1.0380/1.0400.

GBP
The pre-planned buyers’ positions from the key supports have been realized with attainment of assumed targets. OsMA trend indicator having marked the high level of development of bullish activity because of chosen strategy continues to support the priority of buyers’ planning and the relative rise of bearish activity gives grounds to presume a possibility of possible period of rate correction for which the key supports will be the nearest levels 1.9640/60, 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 1.9700/20, 1.9720/40 and/or further breakout variant up to 1.9780/1.9800, 1.9820/40. An alternative for sales will be below 1.9590 with the targets 1.9530/50, 1.9480/1.9500.

JPY
The pre-planned breakout variant for sales has been realized with overlap of minimal assumed target. OsMA trend indicator having marked the relative rise of bearish activity gives grounds to presume a possibility of incompletion of development’s direction but continues to support the version of range movement of the rate in a short-term future. Hence and because of ascending direction of indicator chart, we assume a possibility of pair return to resistance range 105.50/65, 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 105.10/20, 104.80/90 and/or further breakout variant 104.20/40, 103.80/104.00. An alternative for buyers will be above 106.00 with the targets 106.40/60, 106.80/107.00.

EUR
The pre-planned breakout variant for buyers has been realized with attainment of assumed targets. OsMA trend indicator having marked the features of overbought factor did not reveal confirmative reaction of strengthening of bearish activity for the presumptions about possible rate return to change earlier chosen planning priorities. Hence we assume a possibility of pair return to supports 1.5700/1.5720, 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 1.5760/80, 1.5800/20 and/or further breakout variant up to 1/5860/80, 1.5920/40. An alternative for sales will be below 1.5660 with the targets 1.5600/20, 1.5560/80.