Forex Technical Analytics

Daily Forex Technicals | Written by FOREX Ltd | Feb 19 09 08:38 GMT |

CHF The assumed rate return to key supports for the realization of the pre-planned buying positions was not confirmed but the expected rate rise displayed preservation of relatively high buying activity level for supporting buying priorities priority of corresponding trading operations for today. At the moment considering assumptions about rate correction incompleteness we assume the possibility of attainment close supports at 1.1700/20 levels range, where it is recommended to evaluate 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 1.1760/80, 1.1820/40 and/or further breakout variant up to 1.1880/1.1900, 1.1940/60, 1.2000/20. An alternative for sells will be below 1.1640 with targets 1.1580/1.1600, 1.1510/30, 1.1440/60. GBP The assumed test of key resistance range for the realization of the pre-planned short-positions was not confirmed and preservation of generally low activity of both parties continues be the factor of indefiniteness in the choice of planning priorities for today. Hence and considering assumptions about further range rate movement we assume the possibility of close boundary of Ichimoku cloud test at 1.4290/1.4320 levels, where it is recommended to evaluate 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 1.4200/20, 1.4120/40, 1.4060/80 and/or further breakout variant up to 1.4000/20, 1.3900/40, 1.3780/1.3820. An alternative for buyers will be above 1.4400 with targets 1.4460/80, 1.4540/60, 1.4600/20. JPY The pre-planned breakout variant for buyers was realized with attainment of minimal assumed target. OsMA trend indicator, having marked activity advantage of bullish party gives reasons for supporting buying planning priorities for today as well. Hence and considering the current bearish activity cycle we assume the possibility of attainment close 93.00/20 supports, where it is recommended to evaluate 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 93.60/80, 94.00/20 and/or further breakout variant up to 94.60/80, 95.20/40. An alternative for sells will be below 92.60 with targets 92.00/20, 91.40/60. EUR The pre-planned short positions from key resistance range were realized with overlap of minimal assumed target. OsMA trend indicator, having marked current situation of minimal bullish party advantage with preservation of sells planning priority gives reasons for assumptions about further rate correction period with key resistance range at 1.2610/30, where it is recommended to evaluate 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 1.2540/60, 1.2480/1.2500 and/or further breakout variant up to 1.2420/40, 1.2340/60, 1.2280/1.2300. An alternative for buyers will be above 1.2680 with targets 1.2720/40, 1.2780/1.2800, and 1.2880/1.2920. FOREX Ltd www.forexltd.co.uk