Forex Technical Analytics

Daily Forex Technicals | Written by FOREX Ltd | Dec 22 08 09:46 GMT |

CHF The pre-planned breakout variant for buyers was realized with overlap of assumed targets. OsMA trend indicator, having marked the sign of pair oversold with further relative bearish resistance rise gives reasons for assumptions about possible rate correction period but with preservation of buying planning priorities for today as well. Hence and considering bearish development cycle incompleteness we assume the possibility of rate return to 1.0880/1.0900 support 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 1.0940/60, 1.1100/20, 1.1120/40 and/or further breakout variant up to 1.1200/20, 1.1320/40, 1.1460/80. An alternative for sells will be below 1.0760 with targets 1.0680/1.0700, 1.0600/20, 1.0500/20. GBP The pre-planned breakout variant for sells was realized but with damage in attainment of minimal assumed target. OsMA trend indicator, having marked general preservation of bearish activity advantage in the short-term outlook gives reasons for assumptions about rate correction period incompleteness. Hence and taking into account sells planning priority we assume the possibility of another rate return to 1.4980/1.5000 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 1.4880/1.4920, 1.4780/1.4820 and/or further breakout variant up to 1.4700/20, 1.4580/1.4620, 1.4460/1.4500. An alternative for buyers will be above 1.5100 with targets 1.5160/80, 1.5240/60, 1.5320/40. JPY The pre-planned buying positions from key supports were realized with attainment of minimal assumed targets. OsMA trend indicator, having marked activity fall of both parties with preservation of general bullish advantage gives reasons for further preservation of buying planning direction for today as well. Hence we assume the possibility of rate return to close 89.20/00 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 89.80/90.00, 90.20/40 and/or further breakout variant up to 90.80/91.00, 91.40/60, 92.00/20. An alternative for sells will be below 88.40 with targets 87.80/88.00, 87.20/40, 86.60/80. EUR The pre-planned breakout variant for sells was realized with overlap of assumed targets. OsMA trend indicator, having marked sign of pair oversold nevertheless preserved bearish activity advantage as a reason for preservation and sells planning priority for today as well. At the moment considering bullish development cycle incompleteness we assume the possibility of rate return to 1.4140/60 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 1.4060/80, 1.3980/1.4000, 1.3860/80 and/or further breakout variant up to 1.3800/20, 1.3720/40, 1.3660/80. An alternative for buyers will be above 1.4300 with targets 1.4360/80, 1.4420/40, 1.4560/80, 1.4680/1.4700. FOREX Ltd www.forexltd.co.uk