Forex Technical Analytics

Daily Forex Technicals | Written by FOREX Ltd | Jan 21 09 08:28 GMT |

CHF

The pre-planned breakout variant for buyers was realized with overlap of minimal assumed target. OsMA trend indicator, having marked formation of reverse bearish signal by further sells activity rise gives reasons for assumptions about further rate correction period but with preservation of long-term outlooks of bullish planning direction. Hence at the moment we assume the possibility of rate return to close 1.1460/80 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 1.1400/20, 1.1360/80 and/or further breakout variant up to 1.1300/20, 1.1240/60, 1.1180/1.1200. An alternative for buyers will be above 1.1520 with targets 1.1580/1.1600, 1.1700/20, 1.1780/1.1800.

GBP

The pre-planned breakout variant for sells was realized with attainment of basic assumed targets. OsMA trend indicator, as a result of the previous day having marked pair oversold and bullish resistance progress gives reasons for assumptions about possible rate correction period but with preservation of bearish direction of planning priority for today. Hence we assume the possibility of rate return to close channel signal at 1.4000/40, 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 1.3910/30, 1.3840/60, 1.3780/1.3800 and/or further breakout variant up to 1.3710/30,.1.3580/1.3620, 1.3490/1.3520. An alternative for buyers will be above 1.4160 with targets 1.4200/20, 1.4300/40, 1.4500/60.

JPY

The pre-planned positions for sell from key resistance range were realized with attainment of basic assumed targets. OsMA trend indicator, having marked relative bearish activity rise gives reasons for supporting this direction of planning trading operations for today. Hence at the moment without signs of short-term bullish cycle incompleteness we assume the possibility of rate return to close 90.00/20 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 89.40/60, 88.80/89.00, 88.40/50 and/or further breakout variant up to 87.80/88.00, 87.20/40. An alternative for buyers will be above 90.60 with targets 91.00/20, 91.80/92.00, and 92.40/60

EUR

The pre-planned breakout variant for sells was realized but with damage of several points in attainment of minimal assumed target. OsMA trend indicator, having marked sign of pair oversold by further relative buying activity rise gives reasons for assumptions about further rate correction period but with preservation of bearish planning priority in more long-term outlook. Hence we assume the possibility of rate return to 1.2880/1.2900 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 buying positions on condition of formation of topping signals the targets will be 1.2960/80, 1.3040/60, 1.3100/20 and/or further breakout variant up to 1.3160/80, 1.3240/60, 1.3380/1.3420. An alternative for sells will be below 1.2800 with targets 1.2720/40, 1.2640/60, 1.2580/1.2600.

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