Forex Technical Analytics

Daily Forex Technicals | Written by FOREX Ltd | Apr 16 09 08:22 GMT |

CHF The pre-planned breakout variant for buyers has been realized but with a failure in attainment of minimal assumed targets. OsMA trend indicator having marked the activity fall of both parties does not bring in clearness to a choice of planning priorities for today. Hence because of further range movement of the rate, we assume a possibility of rate return to the nearest supports 1.1390/1.1410, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term buyers’ positions on condition of formation of topping signals the targets will be 1.1450/70, 1.1510/30, 1.1590/1.1620 and/or further breakout variant up to 1.1660/80, 1.1720/40, 1.1800/40. An alternative for sells will be below 1.1300 with the targets 1.1240/60, 1.1160/80, 1.1100/20. GBP The pre-planned long positions from the key supports have been realized with attainment of main assumed targets. OsMA trend indicator having marked the activity fall of both parties with overbought factor generally does not bring in clearness to a choice of planning priorities but gives grounds to presume a possibility of rate return to the channel guiding line “1” as well as to the boundaries of Ichimoku cloud with a risk of situation change in favor of bearish party. Hence another test of the nearest supports 1.4880/1.4900 will be a ground to evaluate the activity of both parties according to the charts of shorter time intervals. For short-term buyers’ positions on condition of formation of topping signals the targets will be 1.4940/60, 1.5020/40, 1.5080/1.5100 and/or further breakout variant up to 1.5140/60, 1.5220/60, 1.5320/40. An alternative for sells will be below 1.4780 with the targets 1.4720/40, 1.4660/80, 1.4580/1.4620. JPY The pre-planned breakout variant for buyers has been realized but with a failure in attainment of minimal assumed target. OsMA trend indicator having marked the considerable rise of bullish activity at the break of key resistance range gives grounds to change planning priorities in favor of buyers. Hence and because of descending direction of indicator chart, we assume a possibility of rate return to supports 98.40/60, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For long positions on condition of formation of topping signals the targets will be 99.00/20, 9960/80 and/or further breakout variant up to 100.20/40, 100.80/101.00, 101.20/40. An alternative for sells will be above 98.00 with the targets 97.40/60, 96.80/97.00, 96.20/40. EUR The pre-planned buying positions from the key supports have been realized with attainment of minimal assumed target. OsMA trend indicator having marked the tendency of activity fall of both parties does not bring in clearness to a choice of planning priorities for today. Hence and because of chosen strategy based on a possibility of range movement of the rate, we assume a possibility of rate return to the nearest resistance range 1.3220/40, 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 1.3160/80, 1.3080/1.3100 and/or further breakout variant up to 1.3020/40, 1.2940/60, 1.2820/60. An alternative for buyers will be above 1.3300 with the targets 1.3340/60, 1.3400/20, 1.3480/1.3520. FOREX Ltd www.forexltd.co.uk