Forex Technical Analytics

Daily Forex Technicals | Written by FOREX Ltd | Dec 19 08 08:25 GMT |

CHF The assumed test of key resistance range for the realization of the pre-planned positions for sell was not confirmed by displayed by OsMA indicator essential bullish activity rise gives reasons for changing planning priorities in favor of bullish party. Hence and considering the descending direction of indicator chart we assume the possibility of rate return to 1.0680/1.0700 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 1.0760/80, 1.0860/80 and/or further breakout variant up to 1.0940/60, 1.1020/40, 1.1100/20, 1.1180/1.1200. An alternative for sells will be below 1.0560 with targets 1.0500/20, 1.0420/40, 1.0380/1.0400. GBP The pre-planned breakout variant for sells was realized with overlap of assumed targets. OsMA trend indicator, having marked preservation of rising bearish advantage tendency gives reasons for the preservation of bearish planning priorities for today. At the moment considering bullish position of indicator chart we assume the possibility of rate return to close 1.5200/20 resistance levels, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For sells on condition of formation of topping signals the targets will be 1.5120/40, 1.5000/40, 1.4860/1.4900 and/or further breakout variant up to 1.4720/60, 1.4580/1.4600, 1.4480/1.4520. An alternative for buyers will be above 1.5300 with targets 1.5380/1.5400, 1.5460/80, 1.5540/60. JPY The pre-planned breakout variant for buyers was realized with attainment of minimal assumed target. OsMA trend indicator, having marked advantage of buying party development gives reasons for assumptions about bullish development phase incompleteness. Hence and considering the descending direction of indicator chart we assume the possibility of rate return to close 88.60/80 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 89.20/40, 89.80/90.00, 90.40/60 and/or further breakout variant up to 91.00/20, 91.60/80, 92.20/40. An alternative for sells will be below 87.80 with targets 87.20/40, 86.80/87.00, and 85.20/40. EUR The assumed test of key supports was confirmed but displayed by OsMA indicator essential bearish activity rise was not favorable for the realization of the pre-planned buying positions. Hence and considering the chosen strategy at the moment there are reasons for changing planning priorities to the bearish direction and taking into account the ascending direction of indicator chart we assume the possibility of rate return to close 1.4340/60 resistance range, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For sells on condition of formation of topping signals the targets will be 1.4260/80, 1.4160/80 and/or further breakout variant up to 1.4100/20, 1.4020/40, 1.3900/20. An alternative for buyers will be above 1.4560 with targets 1.4600/20, 1.4660/80, 1.4700/20. FOREX Ltd www.forexltd.co.uk