Forex.Ltd

CHF
The pre-planned short positions from the key resistance range have been realized with attainment of main assumed targets. OsMA trend indicator having marked the feature of formation of reversal bullish signal with confirmative strengthening of buyers’ activity gives grounds to presume a period of rate correction but with a preservation of bearish planning priorities for today. Hence and because of ascending direction of indicator chart, we assume the attainment of resistance range 1.0300/20, 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 1.0240/60, 1.0180/1.0200 and/or further breakout variant up to 1.0120/40, 1.0080/1.0100. An alternative for buyers will be above 1.0360 with the targets 1.0400/20, 1.0460/80, 1.0500/20.

GBP
The pre-planned breakout variant for buyers has been realized but with a loss of several points in attainment of minimal assumed target. OsMA trend indicator having marked the relative rise of bullish activity gives grounds to choose buyers’ planning priority but taking into account the features of strengthening of bearish counteraction, we assume a possibility of rate correction 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 short-term buyers’ positions on condition of formation of topping signals the targets will be 1.9870/90, 1.9910/30 and/or further breakout variant up to 1.9970/90, 2.0020/40. An alternative for sells will be below 1.9770 with the targets 1.9710/30, 1.9660/80, 1.9620/40.

JPY
The pre-planned short positions from the key resistance range have been realized with attainment of main assumed targets. OsMA trend indicator having marked the considerable rise of bearish activity gives grounds to further support of planning priorities in favor of sells for today. Hence and taking into account the moment of relative strengthening of bullish activity, we assume a possibility of attainment of resistance range 10.40/60, 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 106.80/107.00 and/or further breakout variant below 106.60 with the targets 106.00/20, 105.60/80. An alternative for buyers will be above 108.00 with the targets 108.40/60, 108.80/109.00.

EUR
The pre-planned buyers’ positions from the key support range have been realized with attainment of main assumed targets. OsMA trend indicator having marked the features of overbought factor with confirmative rise of bearish activity is not a sufficient ground to change planning priorities for today but because of chosen strategy we assume a possibility of rate correction period for which the nearest strong support will be the levels 1.5700/10, 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 1.5750/60, 1.5800/20 and/or further breakout variant up to 1.5860/80, 1.5900/20. An alternative for sells will be below 1.5640 with the targets 1.5580/1.5600, 1.5520/40.