Forex Technical Analytics

Daily Forex Technicals | Written by FOREX Ltd | Mar 10 09 08:47 GMT |

CHF The pre-planned short positions from the key resistance range have been realized with attainment of minimal assumed target. OsMA trend indicator having marked the preservation of bearish advantage gives grounds to support planning priorities in favor of sells for today. Hence and because of incompletion of bullish development, we assume a possibility of rate return to the range of 1.1580/1.1600, where it is recommended to evaluate the activity development according to the charts of shorter time interval. For sells on condition of formation of toping signals the targets will be 1.1520/40, 1.1460/80 and/or further breakout variant up to 1.1400/20, 1.1320/40, 1.1280/1.1300. An alternative for buyers will be above 1.1680 with the targets 1.1720/40, 1.1780/1.1800, 1.1840/60. GBP The pre-planned breakout variant for sells has been realized with overlap of minimal assumed target. OsMA trend indicator having marked the considerable rise of bearish activity at the break of key supports gives grounds to preserve planning priorities in favor of sells for today. At present taking into account current bullish development with relative strengthening buyers' activity, we assume a possibility of attainment of close resistance range 1.3890/1.3910, where it is recommended to evaluate the activity development according to the charts of shorter time interval. For short-term sells on condition of formation of topping signals the targets will be 1.3810/30, 1.3720/40 and/or further breakout variant up to 1.3620/40, 1.3500/40. An alternative for buyers will be below 1.4040 with the targets 1.4080/1.4100, 1.4160/80, 1.4260/1.4300. JPY The pre-planned breakout variant for buyers has been realized but with a fail of attainment of assumed targets. OsMA trend indicator having generally marked the activity parity of both parties gives grounds to presume a possibility of range movement of the rate without clearness in a choice of planning priorities for today. Hence taking into account rate movement within Ichimoku cloud as well as current bearish activity, we assume a possibility of rate return to the nearest resistance range 98.60/80, where it is recommended to evaluate the activity development according to the charts of shorter time interval. For short-term sells on condition of formation of topping signals the targets will be 98.00/20, 97.60/80 and/or further breakout variant up to 97.00/20, 96.60/80. An alternative for buyers will be above 99.80 with the targets 100.20/40, 100.80/101.00, 101.60/80. EUR The pre-planned buyers' positions from the key supports have been realized with attainment of minimal assumed targets. OsMA trend indicator having marked the preservation of bullish advantage gives grounds to preserve the priority of buying direction to plan trading operations for today. Nevertheless taking into account considerably high level of bearish counteraction, we assume a possibility of rate return to the nearest boundary of Ichimoku cloud at 1.2600/20, where it is recommended to evaluate the activity development according to the charts of shorter time interval. For short-term buyers' positions on condition of formation of topping signals the targets will be 1.2660/80, 1.2740/60, 1.2800/20 and/or further breakout variant up to 1.2940/60, 1.3000/20. An alternative for sells will be below 1.2550 with the targets 1.2490/1.2510, 1.2420/40, 1.2380/1.2400. FOREX Ltd www.forexltd.co.uk