Forex Technical Analytics

Daily Forex Technicals | Written by FOREX Ltd | Jun 26 09 07:00 GMT |

CHF The pre-planned long positions from key supports were implemented with the overlap of minimal estimated target. OsMA trend indicator having marked uncertainty of bullish activity level as a direction priority of the previous day and gives grounds to suppose further rate correction period to channel line '1' at 1,0840/60 levels where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term buying positions on condition of the formation of topping signals the targets will be 1,0900/20, 1,0960/80, 1,1020/40 and (or) further break-out variant up to 1,1080/1,1100, 1,1160/80, 1,1240/60. The alternative for sales will be below 1,0780 with the targets of 1,0720/40, 1,0640/60, 1,0580/1,0600. GBP The pre-planned break-out variant for sales has been implemented with the achievement of minimal estimated targets. OsMA trend indicator, having marked relative activity rise of both parties, except the risk of technical outlook change favouring to one of the parties, does not clarify the choice of planning priorities for today. Hence and considering slight bearish priority we can suppose probability of rate return to 1,6260/1,6300 supports where it is recommended to evaluate development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term buying positions on condition of formation of topping signals the targets will be 1,6360/80, 1,6440/60, 1,6500/40 and (or) further break-out variant up to 1,6580/1,6600, 1,6660/80, 1,6740/60.The alternative for sales will be below 1,6160 with the targets of 1,6080/1,6100, 1,5980/1,6020, 1,5800/40. JPY Short positions opened and preserved earlier had positive result in the achievement of minimal estimated target. OsMA trend indicator, having marked the preservation of activity parity of both parties with rate positions within Ichimoku cloud border does not clarify the choice of planning priorities for today. Hence and considering ascending direction of indicator chart we can assume probability of another test of channel line '1' at 96,20/40 levels, where it is recommended to evaluate development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term sales on condition of the formation of topping signals the targets will be 95,40/60, 94,80/95,00 and (or) further break-out variant up to 94,20/40, 93,60/80. The alternative for buyers will be above 96,80 with the targets of 97,20/40, 97,80/98,00, 98,40/60. EUR The estimated test of key resistance range levels for the implementation of pre-planned short positions has not been confirmed exactly and further developments with bullish activity level enforcement gives grounds to suppose rate rise but without clarifying the choice of planning priorities for today. On the assumption of it we can assume probability of rate return to close 1,3980/1,4000 supports where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term buying positions on condition of the formation of topping signals the targets will be 1,4040/60, 1,4100/20, 1,4180/1,4200 and (or) further break-out variant up to 1,4240/60, 1,4300/20. The alternative for sales will be below 1,3880 with the targets of 1,3820/40, 1,3760/80, 1,3680/1,3700. FOREX Ltd www.forexltd.co.uk