Forex Technical Analytics

Daily Forex Technicals | Written by FOREX Ltd | Nov 25 08 08:27 GMT |

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 considerable rise of bearish activity gives grounds to support bearish planning priorities for today. At present taking into account the strengthening of bullish counteraction, we assume further rate correction period to the nearest resistance range 1.2040/60, 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 1.1960/80, 1.1900/20 and/or further breakout variant up to 1.1840/60, 1.1780/1.1800, 1.1720/40. An alternative for buyers will be above 1.2120 with the targets 1.2160/80, 1.2220/40, 1.2280/1.2300.

GBP

The pre-planned breakout variant for buyers' positions has been realized with attainment of minimal assumed target. OsMA trend indicator having marked the advantage of bullish development gives grounds to preserve buyers' planning priorities for today. At present taking into account bearish direction according to OsMA indicator, we assume a possibility of pair return to the nearest supports 1.5000/20, 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 1.5100/20, 1.5180/1.5200, 1.5260/80 and/or further breakout variant up to 1.5360/80, 1.5460/80, 1.5600/20. An alternative for sells will be below 1.4880 with the targets 1.4800/20, 1.4720/40, 1.4640/60, 1.4560/80.

JPY

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 preserved the advantage of buyers' party gives grounds to support buyers' planning priorities for today. Hence taking into account the relative strengthening of bearish activity, we assume a possibility of attainment of supports 95.90/96.10, 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 96.40/60, 97.00/20, 9760/80 and/or further breakout variant above 98.40 with the targets 98.80/99.00, 99.40/60, 100.00/20. An alternative for sells will be below 95.00 with the targets 94.40/60, 93.80/94.00, 93.40/60.

EUR

The pre-planned breakout variant for buyers has been realized with attainment of main assumed targets. OsMA trend indicator having marked the break of key resistance range with the relative rise of bullish activity gives grounds to choose buyers' planning priorities for today. Nevertheless taking into account the relative strengthening of bearish activity as a feature of incompletion of bearish correction, we assume rate return to supports 1.2780/1.2800, 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 1.2860/80, 1.2940/60, 1.3020/40 and/or further breakout variant up to 1.3080/1.3100, 1.3160/80, 1.3220/40, 1.3300/20. An alternative for sells will be below 1.2660 with the targets 1.2600/20, 1.2520/40, 1.2400/20, 1.2340/60.

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