Forex Ltd

CHF
The pre-planned breakout variant for buyers has been realized with rather high level of bullish activity development, though without attainment of the assumed targets within previous trading day. Presently, taking into account priority of bullish development and bearish character of the indicator chart, we assume a return to the nearest supports 1.0410/25, where it is recommended to evaluate the activity development according to the charts of shorter time interval. For buys on condition of formation of topping signals the targets will be 1.0460/80, 1.0520/40 and/or further breakout variant up to 1.0580/1.0600, 1.0620/40. An alternative for sales will be below 1.0380 with the targets 1.0320/40, 1.0280/1.0300.

GBP
The pre-planned breakout variant for buyers has been realized without attainment of the minimal assumed targets within the previous trading day. OsMA trend indicator having marked lack of bullish development progress gives grounds to assume low perspective for preservation of earlier opened long positions. However, absence of priorities of planning on the background of minimal bullish advantage preservation makes us to allow the same minimal priority of planning in favour of bulls. Hence, according to bearish character of the indicator chart, we assume a return to supports 1,9660/80, 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 1.9720/40, 1.9780/1.9800 and/or further breakout variant up to 1.9840/60, 1.9900/20, 1.9980/2.0000. An alternative for sales will be above 1.9590 with the targets 1.9530/50, 1.9480/1.9500.

JPY
The earlier opened long positions had positive result at the minimal assumed target. OsMA trend indicator having marked a slight strengthening of buying activity on the background of low activity of both parties, taking into account the chosen strategy gives grounds to assume preservation of our preferences in favour of bulls with a risk of abrupt change of the situation in favour of sales. Hence, we assume another test of the support level 107.50/60, 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 107.90/108.10, 108.40/60 and/or further breakout variant up to 109.00/20, 109.60/80, 110.00/20. An alternative for sales will be below 107.20 with the targets 106.60/80, 106.00/20, 105.60/80.

EUR
The assumed test of the key supports has been confirmed, but relative growth of bearish activity showed by OsMA didn’t dispose to immediate realization of the pre-planned buys. Presently, taking into account signs of incompleteness of bearish development and absence of reasons for substantial correction of trading plans as earlier according to the chosen strategy, we assume a probability of another test of the nearest supports 1.5480/1.5500, 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 1.5540/60, 1.5600/20 and/or further breakout variant up to 1.5660/80, 1.5720/40, 1.5780/1.5800. An alternative for sales will be below 1.5440 with the targets 1.5380/1.5400, 1.5320/40, 1.5280/1.5300.