Indicators: Moving Average 34, Simple, Median Price HL/2
Moving Average of Oscillator 12,26,9 Close
Ichimoku Kinko Hyo 24,60,120
CHF - Screenshot
The breakout variant for buyers has been realized with considerable overlap of minimal targets. Pair has formed uncertain short-term channel with a very considerable ascending angle. OsMA trend indicator marks still high bullish activity, so we assume further pair movement within mentioned channel but before opening trading positions it will be better to get confirmations from the charts of shorter time intervals. The targets for sells will be 1.0790, 1.0870/90 with alternative breakout variant at 1.0660/80, 1.0580/1.0600.
GBP - Screenshot
The pre-planned short positions have been realized with overlap of maximal targets. Pair has formed new descending channel and at this moment tests resistance line “1” above channel bottom line. OsMA trend indicator shows the strong bearish activity that can bring to deeper rebound inside the boundaries of descending channel. The targets for sells will be 1.9200/20, 1.8880/1.8900. An alternative for buyers will be 1.9500/20, 1.9640/60.
JPY - Screenshot
An alternative for buyers have not been realized. At this moment pair is trading in a tight range. OsMA trend indicator has formed the divergence with the chart so we can presume pair return to upper boundary of the chart after a break of supports where it is recommended to evaluate the activity parity of both parties according to the charts of shorter time intervals. In case of a break the targets for sells will be 108.50/70, 108.10. An alternative for buyers will be 109.90/110.10, 111.70/90.
EUR - Screenshot
The pre-planed short positions have been realized with overlap of maximal targets exceeding the expectations of experts. At this moment pair has formed the short-term channel with a strong decline. OsMA trend indicator having marked still high bearish activity confirms a possibility of further rate fall. The targets will be 1.5010/30, 1.4910, 1.4850. In case of a break of short-term channel the alternative for buyers will be 1.5310/30, 1.5440/60.
