Forex Technical Analytics

Daily Forex Technicals | Written by FOREX Ltd | Aug 14 09 07:31 GMT |

CHF The pre-planned break-out variant for sales has been implemented but with loss in the achievement of minimal anticipated target. OsMA trend indicator, having marked break-out of key supports by sign of rate oversold does not clarify the choice of planning priorities for today. Therefore, considering rate position below Ichimoku cloud and relatively low bullish activity level it is recommended to preserve short positions opened before with the targets of 1,0660/80, 1,0600/20, 1,0540/60. The alternative for buyers will be above 1,0800 with the targets of 1,0840/60, 1,0900/20, 1,0960/80. GBP The pre-planned break-out variant for buyers has been implemented with loss in the achievement of estimated targets. OsMA trend indicator, having marked preservation of minimal bullish activity, at the moment also gives grounds for preservation of long positions opened before. Nevertheless, considering rate position within Ichimoku cloud border as a sign of uncertainty in the choice of planning priorities for opened long positions the targets will be 1,6620/40, 1,6680/1,6700, 1,6720/40 and (or) further break-out variant up to 1,6780/1,6800, 1,6860/80, 1,6960/1,7000. The alternative for sales will be below 1,6360 with the targets of 1,6300/20, 1,6200/40, 1,6100/20 JPY The estimated test of key resistance range levels was confirmed, but relative sales activity rise according to OsMA trend indicator version did not help in the implementation of pre-planned long positions. At the moment, considering general outlook of activity parity of both parties, but with the preservation of bearish priorities we can assume probability of rate return to close 95,60/80 resistance levels where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of shorter time interval. As for short-term sales on condition of formation of topping signals the targets will be 95,00/20, 94,60/80 and (or) further break-out variant up to 94,00/20, 93,60/80. The alternative for buyers will be above 96,40 with the targets of 96,80/97,00, 97,40/80. EUR The pre-planned break-out variant for buyers has been implemented with loss in the achievement of minimal anticipated target. OsMA trend indicator, having marked break-out of key resistance range levels by sign of rate overbought with further relative sales activity rise in rate position within Ichimoku cloud border and does not clarify the choice of planning priorities for today. Therefore, considering current bearish cycle of indicator chart we can assume probability of rate return to 1,4200/20 supports, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of shorter time interval. As for short-term buying positions, on condition of formation of topping signals the targets will be 1,4260/80, 1,4320/40 and (or) further break-out variant up to 1,4380/1,4400, 1,4440/60, 1,4500/20. The alternative variant for sales will be below 1,4160 with the targets of 1,4100/20, 1,4040/60, 1,3980/1,4000 . FOREX Ltd www.forexltd.co.uk