Forex Technical Analytics

Daily Forex Technicals | Written by FOREX Ltd | Apr 20 09 10:42 GMT |

CHF The pre-planned breakout variant for buyers has been realized with attainment of minimal assumed target. OsMA trend indicator having marked the relative rise of buyers' activity at the break of key resistance range gives grounds to choose a priority of bullish advantage for today. Hence and because of descending direction of indicator chart, we assume a possibility of rate return to supports 1.1620/40, 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 1.1680/1.1700 and/or further breakout variant above 1.1720 with the targets 1.1760/80, 1.1820/40, 1.1900/40. An alternative for sells will be below 1.1560 with the targets 1.1500/20, 1.1440/60. GBP The pre-planned breakout variant for sells has been realized with attainment of minimal assumed target. OsMA trend indicator having marked the activity fall of both parties with a preservation of some minimal advantage of bearish development gives grounds to choose a priority of sellers' advantage for today. Hence and because of features of oversold factor, we assume a possibility of rate return to resistance range 1.4800/20, 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 1.4720/40, 1.4660/80 and/or further breakout variant up to 1.4600/20, 1.4540/60. An alternative for buyers will be above 1.4920 with the targets 1.4960/80, 1.5020/40. JPY The presumed test of key supports for realization of the pre-planned buyers' positions has not been confirmed but the preservation of minimal bearish advantage revealed by OsMA indicator without clear choice of planning priorities gives grounds to preserve earlier composed trading plans without changes. So we assume possibility of pair 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 short-term buys on condition of formation of topping signals the targets will be 99.00/20, 99.60/80 and/or further breakout variant up to 100.20/40, 100.80/101.00, 101.20/40. An alternative for sells will be below 98.00 with the targets 97.40/60, 96.80/97.00, 96.20/40. EUR The pre-planned short positions from the nearest resistance levels have been realized with attainment of main assumed targets. OsMA trend indicator having marked the activity parity of both parties gives grounds to presume range character of rate movement without clearness in a choice of planning priorities for today. Hence and because of ascending direction of indicator chart, we assume a possibility of rate return to the nearest resistance range 1.3060/80, 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 1.3000/20, 1.2960/80 and/or further breakout variant up to 1.2900/20, 1.2820/40, 1.2760/80. An alternative for buyers will be above 1.3140 with the targets 1.3180/1.3200, 1.3240/60. FOREX Ltd www.forexltd.co.uk