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Friday, January 9, 2009

Forex Technical Analytics

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Daily Forex Technicals | Written by FOREX Ltd | Jan 09 09 09:03 GMT |

CHF

The assumed test of key resistance range for the realization of the pre-planned positions for sell was not confirmed but result of the previous trading day through activity decrease does not give definiteness in the choice of planning priorities for today. Hence and considering assumptions about possible range rate movement within Ichimoku cloud we assume the possibility of upper boundary test at 1.1010/30, 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 1.0940/60, 1.0880/1.0900, 1.0800/30 and/or further breakout variant up to 1.0720/40, 1.0640/60, 1.0560/80. An alternative for buyers will be above 1.1100 with targets 1.1160/80, 1.1240/60, 1.1280/1.1300.

GBP

The pre-planned breakout variant for buyers was realized with attainment of minimal assumed target. OsMA trend indicator, having marked activity fall of both parties does not give definiteness in the choice of planning priorities for today. Nevertheless considering the chosen strategy we assume the possibility of rising tendency preservation with its return to close 1.5100/20 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 1.5180/1.5200, 1.5250/70, 1.5300/20 and/or further breakout variant up to 1.5360/80, 1.5480/1.5520, 1.5600/40, 1.5700/20. An alternative for sells will be below 1.4960 with targets 1.4900/20, 1.4820/40, 1.4700/40.

JPY

The pre-planned breakout variant for sells was realized with attainment of minimal assumed target. OsMA trend indicator, having marked preservation of bearish activity minimal advantage at the break of key supports formally gives reasons for supporting sells planning priorities for today. But considering signs of bullish cycle incompleteness with tendency of its strengthening we assume the possibility of rate return to the bottom of Ichimoku cloud 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 sells on condition of formation of topping signals the targets will be 91.20/40, 90.60/80 and/or further breakout variant up to 90.00/20, 80.60/80. An alternative for buyers will be above 92.60 with targets 93.00/20, 93.60/80, 94.00/20.

EUR

The pre-planned buying positions from key supports were realized with attainment of basic assumed targets. OsMA trend indicator, having marked general low activity parity of both parties gives reasons for assumptions about possible range rate movement without definiteness in the choice of planning priorities for today. Hence and considering the chosen strategy and taking into account bearish sign of indicator chart we assume the possibility of rate return to the bottom of Ichimoku cloud at 1.3580/1.3600, 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 1.3660/80, 1.3720/40, 1.3800/40 and/or further breakout variant up to 1.3880/1.3900, 1.3960/80, 1.4000/20. An alternative for sells will be below 1.3520 with targets 1.3440/60, 1.3360/80, 1.3300/20.

FOREX Ltd
www.forexltd.co.uk

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