Forex Technical Analytics

Daily Forex Technicals | Written by FOREX Ltd | Dec 09 08 09:19 GMT |

CHF The pre-planned buying positions from key supports were realized with attainment of minimal assumed target. OsMA trend indicator, having marked preservation of bearish party activity gives reasons for the preservation of buying planning priorities for today as well. Nevertheless at the moment considering non-sustained level of bullish development we assume the possibility of pair return to 1.2020/40 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 1.2080/1.2100, 1.2140/60 and/or further breakout variant up to 1.2200/20, 1.2260/80, 1.2300/20. An alternative for sells will be below 1.1960 with targets 1.1900/20, 1.1820/40, 1.1760/80. GBP The assumed rate development was confirmed and at the moment considering preservation of bullish party activity we have reasons for the preservation of buying planning priority for today as well. Hence and considering the bearish sign of indicator chart we assume the possibility of rate return to the bottom of Ichimoku cloud at 1.4720/40, 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 and/or further breakout variant up to 1.5020/40, 1.5100/20, 1.5260/80. An alternative for sells will be below 1.4660 with targets 1.4600/20, 1.4520/40, 1.4460/80. JPY The assumed test of key supports for the realization of the pre-planned buying positions was not confirmed but 'hasty' rate rise displayed the signs of pair overbought that gives reasons for assumptions about its further correction but with preservation of buying planning priority for today as well. Hence and considering the displayed in short-term outlook bearish party advantage we assume the possibility of channel signal '1' attainment at 92.00/20, 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 92.60/80, 93.20/40 and/or further breakout variant up to 93.80/94.00, 94.60/80. An alternative for sells will be below 91.60 with targets 91.00/20, 90.40/60. EUR The pre-planned breakout variant for buyers was realized with overlap of minimal assumed target. OsMA trend indicator, having marked minimal advantage of bullish party gives reasons for assumptions about another possible test of the current week's high but after pair correction period within the scopes of the ascending trading channel version. Hence we assume the possibility of rate return to 1.2800/20 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 1.2860/80, 1.2920/40, 1.2980/1.3000 and/or further breakout variant up to 1.3060/80, 1.3120/40, 1.3200/20, 1.3280/1.3300. An alternative for sells will be below 1.2740 with targets 1.2680/1.2700, 1.2610/30, 1.2540/60. FOREX Ltd www.forexltd.co.uk