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 assumed further rate rise has been confirmed with attainment of main assumed target. OsMA trend indicator having marked the formation of reversal bearish signal with the relative rise of selling activity because of chosen strategy gives grounds to expect rate correction for which the main supports will be channel line “1” with 1.0760/80, where it is recommended to evaluate the activity development according to the charts of shorter time interval. For short-term long positions on condition of formation of topping signals the targets will be 1.0820/40, 1.0880/1.0900 and/or further breakout variant up to 1.0940/60, 1.0980/1.1000. An alternative for sells will be below 1.0740 with the targets 1.0680/1.0700.
GBP - Screenshot
The calculations concerning further rate fall have been confirmed with attainment of assumed targets. OsMA trend indicator having marked the tendency of strengthening of oversold factor with the strengthening of bullish counteraction gives grounds to presume possible period of rate correction but with a preservation of bearish planning priorities for today. Hence and because of ascending direction of indicator chart, we assume a possibility of pair return to the nearest resistance range 1.9220/40, where it is recommended to evaluate the activity development according to the charts of shorter time interval. For short-term sells on condition of formation of topping signals the targets will be 1.9120/40, 1.9080/1.9100 and/or further breakout variant up to 1.9020/40, 1.8960/80, 1.9380/1.9400, 1.9460/80.
JPY - Screenshot
The presumptions about possible rate reverse have not been confirmed. Nevertheless now we can see the overbought factor according to OsMA version as well as uncertain reaction of bearish activity supporting bullish planning priority. Hence and taking into account the incompletion of short-term bearish counteraction, we assume a possibility of attainment of channel support “1” in the range of 109.50/60, where it is recommended to evaluate the activity development according to the charts of shorter time interval. For short-term buyers’ positions on condition of formation of topping signals the targets will be 109.90/110.10, 110.30/40 and/or further breakout variant up to 110.80/111.00, 111.40/60. An alternative for sells will be below 109.00 with the targets 108.40/60.
EUR - Screenshot
The presumptions about further rate fall have been confirmed with attainment of main assumed targets. OsMA trend indicator having marked the features of oversold factor with strengthening of bullish activity gives grounds to presume possible period of rate correction for which the key resistance range will be 1.5040/60, where it is recommended to evaluate the activity development according to the charts of shorter time interval. For short-term sells on condition of formation of topping signals the targets will be 1.4980/1.50000, 1.4920/40 and/or further breakout variant below 1.4900 with the targets 1.4820/40, 1.4760/80. An alternative for buyers will be above 1,5140 with the targets 1.5180/1.5200, 1.5240/60.
