Forex Technical Analytics

Daily Forex Technicals | Written by FOREX Ltd | Dec 16 08 08:17 GMT |

CHF The pre-planned breakout variant for sells was realized with attainment of minimal assumed target. OsMA trend indicator, having marked relative bearish activity rise at the break of key supports gives reasons for resuming sells planning priorities for today. At the moment considering the ascending direction of indicator chart we assume the possibility of rate return to 1.1600/20 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 1.1540/60, 1.1480/1.1500 and/or further breakout variant up to 1.1410/30, 1.1300/20, 1.1190/1.1210. An alternative for buyers will be above 1.1700 with targets 1.1740/60, 1.1800/20, 1.1860/80. GBP The pre-planned breakout variant for buyers was realized with attainment of basic assumed targets. OsMA trend indicator, having marked essential bullish activity rise at the break of key resistance range gives reasons for supporting buying planning priorities for today as well. At the moment considering relative strengthening of bearish resistance we assume the possibility of further rate correction period with key supports at 1.5200/40, 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 1.5300/20, 1.5360/80, 1.5420/40 and/or further breakout variant up to 1.5500/20, 1.5580/1.5600, 1.5840/60. An alternative for sells will be below 1.5080 with targets 1.5000/20, 1.4940/60, 1.4820/40. JPY The assumed test of key resistance range for the realization of the pre-planned sells positions was not confirmed and activity fall of both parties as the result of the previous trading day does not give definiteness in the choice of planning priorities for today. Hence at the moment considering the assumptions on range rate movement we assume the possibility of rate return to channel signal '1' at 90.75/91.00, 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 90.10/30, 89.60/80 and/or further breakout variant up to 89.00/20, 88.40/60, 87.20/40. An alternative for buyers will be above 92.00 with targets 92.40/60, 93.00/20, 93.60/80, 94.20/40. EUR The pre-planned breakout variant for buyers was realized with attainment of basic assumed targets. OsMA trend indicator, having marked advantage preservation of bullish party activity as before gives reasons for the corresponding planning priorities preservation. At the moment considering the descending direction of indicator chart we assume the possibility of further rate correction with key supports at 1.3640/60, 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 1.3700/20 and/or further breakout variant above 1.3760 with targets 1.3800/20, 1.3860/80, 1.3900/20. An alternative for sells will be below 1.3560 with targets 1.3500/20, 1.3420/40, 1.3360/80. FOREX Ltd www.forexltd.co.uk