Forex Technical Analytics

Daily Forex Technicals | Written by FOREX Ltd | Nov 13 08 08:26 GMT |

CHF The pre-planned buying positions from key supports were realized with attainment of minimal assumed target. OsMA trend indicator, having marked low activity preservation of both parties as before does not give definiteness in the choice of planning priorities for today as well. Hence and considering assumptions of range market movement as well as signs of incomplete bearish potential we assume pair return to 1.1820/40 supports, 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 1.1880/1.1900 and/or further breakout variant up to 1.1920 with targets 1.1960/80, 1.2020/40, 1.2100/20, 1.2180/1.2200. An alternative for sells will be below 1.1750 with targets 1.1690/1.1710, 1.1610/30, 1.1560/80. GBP The pre-planned breakout variant for sells was realized with overlap of assumed targets. OsMA trend indicator, having marked relatively high bearish activity rise at the break of key supports continues supporting sells planning priority for today as well. Hence and considering the ascending direction of indicator chart we assume the possibility of pair return to 1.5080/1.5120 range, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For sells on condition of formation of topping signals the targets will be 1.5000/20, 1.4920/40, 1.4800/40 and/or further breakout variant up to 1.4720/40, 1.4600/20, 1.4500 with possible fall up to 1.41. An alternative for buyers will be above 1.5300 with targets 1.5360/80, 1.5480/1.5500, and 1.5600/20. JPY The pre-planned positions for sell from key resistance range were realized with overlap of assumed targets. OsMA trend indicator, having marked high bearish activity development with further relative bearish resistance rise gives reasons for assumptions on further rate correction period but with preservation of sells planning priority. Hence we assume the possibility of close 96.00/20 resistance test, 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 95.30/50, 94.60/80, 94.00/20 and/or further breakout variant up to 93.20/40, 92.40/60, 91.00/20. An alternative for buyers will be above 97.00 with targets 97.40/60, 98.00/20, 98.40/60. EUR The pre-planned breakout variant for sells was realized but with damage to several points in attainment of minimal assumed target. OsMA trend indicator, having marked activity fall of both parties and considering the chosen strategy supports bearish priority in choosing trading planning for today. Hence taking into account current bullish development cycle we assume the possibility of close 1.2520/40 resistance range test, 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 1.2460/80, 1.2400/20 and/or further breakout variant up to 1.2340/60, 1.2260/80, 1.2180/1.2200, 1.2100/20. An alternative for buyers will be above 1.2640 with targets 1.2680/1.2700, 1.2780/1.2800, 1.2860/80. FOREX Ltd www.forexltd.co.uk