Forex Technical Analytics

Daily Forex Technicals | Written by FOREX Ltd | Dec 11 08 08:03 GMT |

CHF The pre-planned positions for sell from key resistance range were realized with attainment of basic assumed targets. OsMA trend indicator, having marked preservation of bearish party advantage but with negative factor of pair oversold and considering the chosen strategy gives reasons for further supporting of bearish planning priority for today as well. Hence we assume the possibility of range rate movement with return to 1.1960/80 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 1.1900/20, 1.1840/60, 1.1780/1.1800 and/or further breakout variant up to 1.1720/40, 1.1660/80, 1.1580/1.1600. An alternative for buyers will be above 1.2060 with targets 1.2100/20, 1.2160/80, 1.2220/40. GBP The pre-planned breakout variant for buyers was realized and attainment of assumed targets is 'supported' by the current bullish direction of indicator chart with general situation of buying advantage preservation. For opened long positions the targets will be 1.5000/20, 1.5080/1.5100 and/or further breakout variant up to 1.5160/80, 1.5260/80, 1.5370/90, 1.5460/80, 1.5600/20. The alternative for sells will be below 1.4740 with targets 1.4660/80, 1.4520/40, 1.4460/80. JPY The pre-planned buying positions from key supports were realized with attainment of minimal assumed target. OsMA trend indicator, having marked minimal advantage of bullish party development supports this direction priority in trading operations planning today as well. But considering the current cycle of bearish development in the stage of its strengthening we assume the possibility of attainment 91.80/92.00 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 92.40/60, 93.00/20 and/or further breakout variant up to 93.60/80, 94.20/40, 94.80/95.00. An alternative for sells will be below 90.80 with targets 90.00/20, 89.20/40, 87.40/60. EUR The pre-planned breakout variant for buyers was realized with attainment of basic assumed targets. OsMA trend indicator, having marked strengthening tendency of pair overbought gives risk of further buying positions supports but considering the lack of sustained bearish resistance and considering the chosen strategy there are reasons for supporting bullish planning priority direction for today as well. Hence aiming at decreasing trading risks we assume the possibility of rate return to close 1.3000/20 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 1.3060/80, 1.3120/40 and/or further breakout variant up to 1.3180/1.3200, 1.3260/80, 1.3320/40. An alternative for sells will be below 1.2920 with targets 1.2840/60, 1.2780/1.2800, and 1.2420/40. FOREX Ltd www.forexltd.co.uk