Economic Calendar

Thursday, January 22, 2009

Forex Technical Analytics

Share this history on :

Daily Forex Technicals | Written by FOREX Ltd | Jan 22 09 08:11 GMT |

CHF

The pre-planned breakout variant for buyers was realized with attainment of minimal assumed target. OsMA trend indicator, having marked activity parity of both parties gives reasons for assumptions about possible range rate period without definiteness in the choice of planning priorities for today. Hence and considering the sign of pair overbought we assume the possibility of rate return to 1.1500/20 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 1.1560/80, 1.1620/40 and/or further breakout variant up to 1.1680/1.1700, 1.1740/60, 1.1860/80. An alternative for sells will be below 1.1400 with targets 1.1340/60, 1.1280/1.1300.

GBP

The pre-planned breakout variant for sells was realized with attainment of basic assumed targets. OsMA trend indicator, having marked as a result of the previous trading day bullish activity progress and considering the chosen strategy gives reasons for buying choice of planning priorities for today. Hence and taking into account the descending direction of indicator chart we assume the possibility of rate return to 1.3820/40 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 1.3900/20, 1.3980/1.4000, 1.4040/60 and/or further breakout variant up to 1.4100/20, 1.4200/40, 1.4340/60. An alternative for sells will be below 1.3600 with targets 1.3480/1.3520, 1.3400/20, 1.3340/60.

JPY

The pre-planned positions for sell from key resistance range were realized with attainment of assumed targets. OsMA trend indicator, having marked essential bearish activity rise does not give any other choice besides sells planning priorities preservation for today as well. At the moment considering the essential bullish resistance rise we assume the possibility of Ichimoku cloud bottom attainment at 89.80/90.00, 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 89.20/40, 88.60/80 and/or further breakout variant up to 88.40 with targets 87.80/88.00, 87.20/40. An alternative for buyers will be above 91.40 with targets 91.80/92.00, 92.80/93.00, 93.60/80.

EUR

The pre-planned buying positions from key supports were realized with attainment of basic assumed targets. OsMA trend indicator, having marked preservation of relative high bullish activity level gives reasons for supporting buying planning priority for today as well. Hence at the moment considering the descending direction of indicator chart we assume the possibility of rate return to 1.2930/50 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 1.2990/1.3010, 1.3050/70, 1.3090/1.3120 and/or further breakout variant up to 1.3260/80, 1.3380/1.3400, 1.3560/1.3600. An alternative for sells will be below 1.2800 with targets 1.2720/40, 1.2640/60, 1.2580/1.2600.

FOREX Ltd
www.forexltd.co.uk




No comments: