Forex Technical Analytics

Daily Forex Technicals | Written by FOREX Ltd | Jan 13 09 08:17 GMT |

CHF The pre-planned buying positions from key supports were realized with attainment of minimal assumed targets. OsMA trend indicator, having marked as a result of the previous trading day preservation of bullish advantage gives reasons for further supporting buying planning priorities for today as well. Hence and considering the current bearish cycle momentum as well as signs of pair overbought we assume the possibility of rate return to close 1.1100/20 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 1.1160/80, 1.1240/60, 1.1300/20 and/or further breakout variant up to 1.1340 with targets up to 1.1380/1.1400, 1.1460/80, 1.1580/1.1620. An alternative for sells will be below 1.1000 with targets 1.0940/60, 1.0860/80, 1.0780/1.0800. GBP The pre-planned breakout variant for sells was realized with overlap of minimal assumed target. OsMA trend indicator, having marked general preservation of activity parity of both parties nevertheless with lack of relatively long 'delay' of sustained bullish resistance and rate positions below Ichimoku cloud gives reasons for bearish planning priorities for today. Hence at the moment considering the current cycle of bullish development we assume the possibility of rate return to close Ichimoku cloud boundary at 1.4800/40, 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 1.4720/40, 1.4660/80 and/or further breakout variant up to 1.4580/1.4600, 1.4480/1.4520, 1.4360/1.4400. An alternative for buyers will be above 1.4920 with targets 1.4980/1.5000, 1.5060/80, 1.5160/80. JPY The pre-planned breakout variant for sells was realized with overlap of minimal assumed target. OsMA trend indicator, having marked activity parity of both parties, gives reasons for assumptions about possible range rate movement period but with preservation of sells planning priorities. At the moment considering signs of possible bullish cycle incompleteness we assume the possibility of another close resistance range test at 89.40/60, 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 88.80/89.00, 88.20/40 and/or further breakout variant up to 87.60/80, 87.00/20. An alternative for buyers will be above 90.30 with targets 90.70/90, 91.40/60, 91.80/92.00. EUR The pre-planned breakout variant for sells was realized with attainment of minimal assumed target. OsMA trend indicator, having marked advantage of bearish activity gives reasons for the preservation of sells planning priorities for today. At the moment and considering current bearish activity cycle with signs of pair oversold we assume the possibility of rate return to 1.3340/60 levels, 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 1.3280/1.3300, 1.3200/20 and/or further breakout variant up to 1.3120/40, 1.3040/60, 1.1960/80. An alternative for buyers will be above 1.3460 with targets 1.3520/40, 1.3590/1.3610, and 1.3680/1.3700. FOREX Ltd