Forex Technical Analytics

Daily Forex Technicals | Written by FOREX Ltd | Apr 22 09 07:31 GMT |

CHF The pre-planned buyers' positions from the key supports have been realized with attainment of minimal assumed targets. OsMA trend indicator having generally marked the activity fall of both parties with minimal advantage of bullish party gives grounds to preserve earlier composed trading plans almost without changes. So as before we assume 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, 1.1740/60 and/or further targets at 1.1800/20, 1.1860/80, 1.1940/60. An alternative for sells will be below 1.1560 with the targets 1.1500/20, 1.1440/60. GBP The assumed test of key resistance range has been confirmed but high level of bullish activity revealed by OsMA indicator did not dispose to realization of the pre-planned buyers' positions. Hence because of chosen strategy based on revealed factors of making a choice in favor of bullish planning priorities as well as taking into account descending direction of indicator chart, we assume a possibility of rate return to the nearest supports 1.4560/80, 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 1.4620/40, 1.4700/20 and/or further breakout variant up to 1.4760/80, 1.4820/40, 1.4900/40. An alternative for sells will be below 1.4400 with the targets 1.4320/40, 1.4240/60, 1.4100/40. JPY The pre-planned short positions from the key resistance range have been realized with overlap of minimal assumed targets. OsMA trend indicator having marked the preservation of activity parity of both parties does not bring in clearness to a choice of planning priorities for today. Hence taking into account the features of incompletion of bullish development as before we assume a possibility of rate return to the nearest resistance range 98.80/99.00, 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 98.20/40, 97.60/80 and/or further breakout variant up to 97.00/20, 96.40/60, 95.80/96.00. An alternative for buyers will be above 99.60 with the targets 100.00/20, 100.60/80, 101.20/40. EUR The pre-planned short positions from the key resistance range have been realized with overlap of minimal assumed target. OsMA trend indicator having marked the activity parity of both parties as a result of previous trading day gives grounds to presume further range movement of the rate without clearness in a choice of planning priorities for today. Hence and because of current uncertainty of bearish development earlier composed trading plans are still without changes. So we assume a possibility of another test of 1.2980/1.3000, 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 1.2920/40, 1.2740/60, 1.2660/80. An alternative for buyers will be above 1.3100 with the targets 1.3140/60, 1.3200/20, 1.3260/80. FOREX Ltd www.forexltd.co.uk