Forex Ltd

CHF
The pre-planned breakout variant for buyers has been realized but without attainment of assumed targets within previous trading day. OsMA trend indicator having marked the features of formation of reversal signals with relative strengthening of bearish counteraction does not bring in clearness to a choice of planning priorities for today but supports previous presumptions about possible range movement of the rate in a short-term future. Hence taking into account main trend direction of the rate, we assume a possibility of insignificant rate correction to supports 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 topping signals the targets will be 1.0440/60, 1.0500/20 and/or further breakout variant up to 1.0560/80, 1.0600/20. An alternative for sells will be below 1.0340 with the targets 1.0280/1.0300, 1.0220/40, 1.0160/80.

GBP
The pre-planned breakout variant for sells has been realized with overlap of minimal assumed target. OsMA trend indicator having marked the considerable rise of bearish activity because of chosen strategy gives grounds to choose bearish planning priorities for today. Hence and taking into account attendant ascending direction of indictor chart, we assume a possibility of pair return to resistance range 1.9600/20, where it is recommended to evaluate the activity development according to the charts of shorter time interval. For sells on condition of formation of topping signals the targets will be 1.9520/40, 1.9460/80 and/or further breakout variant up to 1.9380/1.9400, 1.9340/60. An alternative for buyers will be above 1.9720 with the targets 1.9760/80, 1.9820/40.

JPY
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 gives grounds to presume possible rate correction but with a preservation of buyers’ planning priorities for today. Hence we assume a possibility of pair return to channel line “1” at 107.00/20, 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 107.60/80, 108.00/20 and/or further breakout variant up to 108.60/80, 109.00/20. An alternative for sells will be below 106.60 with the targets 106.00/20, 105.60/80.

EUR
The pre-planned breakout variant for sells has been realized with attainment of minimal assumed target. OsMA trend indicator having marked the features of pair’s oversold and relative strengthening of activity of bullish counteraction considerably reduces the perspective of further rate’s fall but there are still no grounds to make a firm choice of priority of bullish direction. Hence and according to chosen strategy we assume a possibility of pair return to resistance range 1.5500/20, where it is recommended to evaluate the activity development according to the charts of shorter time interval. For short-term sells on condition of formation of topping signals the targets will be 1.5440/60, 1.5380/1.5400 and/or further breakout variant below 1.5360 with the targets 1.5300/20, 1.5260/80. An alternative for buyers will be above 1.5560 with the targets 1.5600/20, 1.5640/60.