Forex Technical Analytics

Daily Forex Technicals | Written by FOREX Ltd | Nov 17 08 08:31 GMT |

CHF The pre-planned positions for sell from key resistance range were realized with attainment of minimal assumed target. OsMA trend indicator, having marked activity parity preservation of both parties gives reasons for assumptions about further range rate movement without definiteness in the choice of planning priorities for today. Hence and considering the descending direction of indicator chart we assume the possibility of rate return to 1.1900/20 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 1.1960/80, 1.2020/40 and/or further breakout variant up to 1.2080/1.2100, 1.2160/80, 1.2240/60. An alternative for sells will be below 1.1870 with targets 1.1810/30, 1.1750/70, 1.1700/20. GBP The events of the past trading day were not positive for the realization of the earlier drawn up trading planes. OsMA trend indicator, having marked activity fall of both parties according to the chosen strategy does not give definiteness in the choice of planning priorities for today. Hence and considering the possible range rate movement we assume the possibility of minimal levels of the past week test at 1.4580/1.4620, 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 1.4680/1.4700, 1.4760/80, 1.4820/40 and/or further breakout variant up to 1.4880/1.4900, 1.4940/60, 1.5000/20. An alternative for sells will be below 1.4500 with targets 1.4420/40, 1.4300/20, 1.4220/40. JPY The pre-planned key supports test for the realization of the pre-planned buying positions was confirmed but further events development with break for the realization of alternative trading planes was not favorable for the positive results of trading operations within the past day. At the moment considering the low activity level of both parties and further supporting bullish direction planning aiming at trading risks decrease we assume the possibility of pair return to the channel signal '1' at 95.40/60 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 96.00/20, 96.60/80, 97.00/20 and/or further breakout variant up to 97.60/80, 98.20/40, 98.80/99.00. An alternative for sells will be below 94.20 with targets 93.40/60, 92.80/93.00, 92.00/20, and 91.20/40. EUR The pre-planned buying positions from key resistance range were realized with attainment of minimal assumed target. OsMA trend indicator, having marked the beginning of the week below the bottom of Ichimoku cloud by relative bearish activity rise gives reasons for assumptions about further rate fall but with preservation of bullish planning priority in long-term outlook. Hence and considering the ascending direction of indicator chart we assume the possibility of pair return to 1.2600/20, 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 1.2520/40, 1.2460/80 and/or further breakout variant up to 1.2400/20, 1.2340/60, 1.2280/1.2300. An alternative for buyers will be above 1.2720 with targets 1.2780/1.2800, 1.2840/60, 1.2900/20. FOREX Ltd www.forexltd.co.uk