Economic Calendar

Thursday, September 25, 2008

Forex Technical Analytics

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Daily Forex Technicals | Written by FOREX Ltd | Sep 25 08 08:21 GMT |

CHF

The earlier opened positions for sell had a positive result at the attainment of minimal assumed targets. OsMA trend indicator, having marked the minimal bearish activity rise is favorable for bearish planning priority but considering the general low activity level of both parties we assume the possibility of pair return to the bottom of Ichimoku cloud at 1.0900/20, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term sells on condition of formation of topping signals the targets will be 1.0820/40, 1.0760/80 and/or further breakout variant up to 1.0700/20, 1.0620/40. An alternative for buyers will be above 1.1000 with targets 1.1060/80, 1.1120/40, 1.1180/1.1200.

GBP

The pre-planned buying positions from the key supports were realized with attainment of basic assumed targets. OsMA trend indicator, having preserved the low activity level of both parties gives reasons as before for assumptions about range rate movement without definiteness in the choice of planning priorities for today. Hence considering the long-term bullish direction we assume the possibility of pair return to the upper boundary of Ichimoku cloud at 1.8400/20, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term buying positions on condition of formation of topping signals the targets will be 1.8480/1.8500, 1.8560/80, 1.8640/60 and/or further breakout variant up to 1.8700/20, 1.8780/1.8800. An alternative for sells will be below 1.8360 with targets 1.8300/20, 1.8240/60, 1+8180/1.8200.

JPY

The pre-planned positions for sell from the key support ranges were realized with attainment of minimal assumed target. OsMA trend indicator, having marked the preservation of both parties low activity level supports as before assumptions about range rate movement in the close outlook without definiteness in choice of planning priorities for today. Hence we assume the possibility of further test at 106.00/20 resistance range, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term sells on condition of formation of topping signals the targets will be 105.50/60, 105.00/20, 104.60/80 and/or further breakout variant up to 104.00/20, 103.40/60. An alternative for buyers will be above 106.60 with targets 107.00/20, 107.60/80, 108.00/20.

EUR

The earlier opened and preserved long positions had a positive result at minimal calculated targets. OsMA trend indicator, having marked the low activity level of both parties keeps supporting assumptions on further rate range movement without definiteness in choice of planning priorities for today. Hence we assume the possibility of Ichimoku cloud upper boundary test at 1.4600/20, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term buying positions on condition of formation of topping signals the targets will be 1.4660/80, 1.4720/40, 1.4800/20, 1.4860/80 and/or further breakout variant above 1.4900 with targets 1.4940/60, 1.5000/20. An alternative for sells will be below 1.4480 with targets 1.4420/40, 1.360/80.

FOREX Ltd
www.forexltd.co.uk




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