Forex Technical Analytics

Daily Forex Technicals | Written by FOREX Ltd | Dec 08 08 08:51 GMT |

CHF The pre-planned breakout variant for buyers was realized with attainment of basic assumed targets. OsMA trend indicator, having marked bullish party advantage and considering the chosen strategy gives reasons for the priority of buying trading operations for today. Hence and taking into account the descending direction of indicator chart we assume the possibility of attainment 1.2060/80 supports, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For buying positions on condition of formation of topping signals the targets will be 1.2120/40, 1.2180/1.2200, 1.2240/60, 1.2300/20 and/or further breakout variant up to 1.2360/80, 1.2440/60, 1.2560/80. An alternative for sells will be below 1.2000 with targets 1.1920/40, 1.1840/60, 1.1760/80. GBP The pre-planned breakout variant for sells was realized but did not have positive result in attainment of minimal assumed target. OsMA trend indicator, having preserved as before the advantage of bullish party development gives reasons for the preservation of the corresponding planning priorities for today. Hence in the current development of bullish cycle we assume the possibility of slight rate correction to close 1.4740/60 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 1.4820/40, 1.4940/60, 1.5060/80 and/or further breakout variant up to 1.5180/1.5200, 1.5260/80, 1.5400/20, 1.5520/40, 1.5600/20. An alternative for sells will be below 1.4600 with targets 1.4520/40, 1.4460/80, 1.4400/20. JPY The earlier opened buying positions did not have positive result after break of preventive stop orders placed in correspondence to trading planes. OsMA trend indicator, having marked the further bullish activity advantage gives reasons taking into account the chosen strategy for sustained support of buying planning priorities for today. Hence and considering the descending direction of indicator chart we assume the possibility of rate return to 92.20/40 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 92.80/93.00, 93.40/60, 93.80/94.00 and/or further breakout variant up to 94.40/60, 95.00/20, 95.60/80. An alternative for sells will be below 90.80 with targets 90.20/40, 89.20/40, 87.40/60. EUR The pre-planned buying positions from key supports were realized with attainment of minimal assumed target. OsMA trend indicator, having marked the current activity parity of both parties gives reasons for assumptions about possible range rate movement. Hence at the moment considering the bullish sign of indicator chart we assume attainment of close 1.2810/30 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 1.2740/60, 1.2680/1.2700 and/or further breakout variant up to 1.2660 with targets 1.2600/20, 1.2540/60, 1.2480/1.2500. An alternative for buyers will be above 1.2860 with targets 1.2900/20, 1.2980/1.3000, and 1.3060/80. FOREX Ltd www.forexltd.co.uk