Forex Technical Analytics

Daily Forex Technicals | Written by FOREX Ltd | Nov 11 08 08:31 GMT |

CHF Low parties activity within the previous trading day was not a positive momentum for the realization of earlier drawn up trading planes. Hence and considering the chosen strategy based on assumptions about priority direction lack we assume the possibility of pair return to close 1.1750/70 support range, 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 1.1820/40 and/or further breakout variant up to 1.1880/1.1900, 1.1960/80, 1.2020/40, 1.2100/20. An alternative for sells will be below 1.1620 with targets 1.1560/80, 1.1500/20, 1.1440/60. GBP The assumed test of key supports was confirmed with conditions for realization of the pre-planned buying positions. OsMA trend indicator, having marked low activity level preservation of both parties supports preservation of earlier opened buying positions with possible attainment of target levels 1.5740/60, 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 1.5660/80, 1.5600/20 and/or further breakout variant up to 1.5540/60, 1.5480/1.5500. An alternative for buyers will be above 1.5800 with targets 1.5860/80, 1.5920/40, 1.6000/20, 1.6060/80. JPY The pre-planned breakout variant for sells was realized and displayed by OsMA indicator relative bearish activity rise 'supports' earlier opened short positions preservation. At the moment considering ascending direction of indicator chart we assume the possibility of pair return to close 98.10/30 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 97.40/60 and/or further breakout variant up to 96.80/97.00, 96.20/40, 95.80/96.00. An alternative for buyers will be above 98.60 with targets 99.00/20, 99.60/80, 100.00/20. EUR The pre-planned buying positions were realized with attainment of basic assumed targets. OsMA trend indicator, having marked activity parity preservation of both parties as before gives reasons for assumptions about further range rate movement without definiteness in the choice of planning priorities for today. Hence and considering the ascending direction of indicator chart we assume the possibility of pair return to Ichimoku cloud boundaries at 1.2790/1.2810, 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 1.2700/20, 1.2640/60 and/or further breakout variant up to 1.2580/1.2600, 1.2520/40, 1.2440/60, 1.2360/80. An alternative for buyers will be above 1.2940 with targets 1.3000/20, 1.3000/1.3100, 1.3180/1.3200, 1.3260/80. FOREX Ltd www.forexltd.co.uk