Technical analysis for September 30, 2008

Indicators:

Moving Average 34, Simple, Median Price HL/2
Moving Average of Oscillator 12,26,9 Close
Ichimoku Kinko Hyo 24,60,120

Time: 1 Hour

CHF

The pre-planned short positions from key resistance range were realized with attainment of basic assumed targets. OsMA trend indicator, having marked the bearish activity development gives reasons for the shot positions planning priorities for today. Hence and considering the positive sign of indicator chart we assume the possibility of pair return to the close 1.0980/1.1000 resistance range, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval.

For sells on condition of formation of topping signals the targets will be 1.0920/40, 1.0860/80, 1.0780/1.0800 and/or further breakout variant up to 1.0720/40, 1.0660/80.

An alternative for buyers will be above 1.1100 with targets 1.1160/80, 1.1240/60, 1.1280/1.1300.

GBP
The pre-planned breakout variant for sells was realized with attainment of basic assumed targets. OsMA trend indicator, having marked the bearish activity advantage gives reasons for the preservation of sells planning priorities but considering the signs of relative bullish resistance strengthening targeting at the decrease of trading risks we assume the possibility of pair return to 1.8180/1.8200 resistance ranges, 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 1.8100/20, 1.8020/40, 1.7940/60 and/or further breakout variant below 1.7900 up to 1.7820/40, 1.7740/60, 1.7660/80.

An alternative for buyers will be above 1.8320 with targets 1.8380/1.8400, 1.8480/1.8500.

JPY
The possibility of pair return to 105.00/20, 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 104.40/60, 103.80/104.00, 103.20/40 and/or further breakout variant up to 102.60/80, 102.00/20.

An alternative for buyers will be above 105.60 with targets 106.00/20, 106.60/80.

EUR
The pre-planned breakout variant for sells was realized with attainment of minimal assumed target. OsMA trend indicator despite the relative activity rise of both parties preserved the general situation of their parity and consequently the indefiniteness in the choice of planning priorities for today. Hence, as before, we assume the possibility of further pair return to the bottom of Ichimoku cloud at 1.4500/20, 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 1.4440/60, 1.4360/80, 1.4280/1.4300 and/or further breakout variant up to 1.4200/20, 1.4140/60, 1.4080/1.4100.

An alternative for buyers will be above 1.4600 with targets 1.4660/80, 1.4700/20, 1.4760/80, 1.4860/80.

Technical analysis for September 29, 2008

Indicators:

Moving Average 34, Simple, Median Price HL/2
Moving Average of Oscillator 12,26,9 Close
Ichimoku Kinko Hyo 24,60,120

Time: 1 Hour

CHF

The pre-supposed key resistance range test was confirmed but marked by OsMA trend indicator minimal bullish advantage is not a positive signal for the realization of the pre-planed positions for sell. At the moment considering the general situation of relatively low both parties activity and the chosen strategy there is no definiteness in the choice of planning priorities for today. Hence considering the assumption of the low possibility of trend rate movement we assume the test of close 1.1050/70 resistance range, 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 1.0990/1.1010, 1.0910/30, 1.0860/80 and/or further breakout variant up to 1.0800/20, 1.0740/60, 1.0680/1.0700.

An alternative for buyers will be above 1.1120 with targets 1.1160/80, 1.1240/60, 1.1280/1.1300.

GBP
The last trading day due to the low activity of both parties was not eventful and few assumed conditions were realized for the attainment of earlier trading planes. At the moment considering the situation without changes but with minimal advantage of bearish party as before there are not enough reasons for the choice of planning priorities for today. Hence considering the signs of pair oversold we assume the possibility of pair return to the bottom of Ichimoku cloud at 1.8270/90, 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 1.8200/20, 1.8120/40, 1.8060/80 and/or further breakout variant up to 1.8000/20, 1.7940/60, 1.7860/80, 1.7800/20.

An alternative for buyers will be above 1.8360 with 1.8400/20, 1.8460/80, 1.8500/20.

JPY
The pre-planned buying positions from the key support range were realized with attainment of basic assumed targets. OsMA trend indicator, having marked the preservation of both parties activity parity gives reasons as before for assumption about further range rate movement without definiteness in the choice of planning priorities for today and with the preservation of earlier trading planes practically unchanged. We assume one more pair return to 105.20/30 supports, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval.

For short-term buying positions on condition of formation of topping signals the targets will be 105.70/90, 106.10/20 and/or further breakout variant up to 106.60/80, 107.20/40, 107.80/108.00.

An alternative for sells will be below 104.80 with targets 104.20/40, 103.60/80.

EUR
The pre-planned breakout variant for sells was realized and attainment of assumed targets is “supported” by the current bearish position of OsMA trend indicator chart. At the moment considering the present technical situation and the preservation of both parties close activity parity we assume the possibility of further rate range movement without definiteness in the choice of planning priorities for today. Hence, we assume the possibility of pair return to the bottom of Ichimoku cloud at 1.4500/20, 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 1.4440/60, 1.4380/1.4400 and/or further breakout variant up to 1.4320/40, 1.4260/80, 1.4200/20.

An alternative for buyers will be above 1.4540 with targets 1.4580/1.4600, 1.4660/80, 1.4700/20.

Technical analysis for September 25, 2008

Indicators:

Moving Average 34, Simple, Median Price HL/2
Moving Average of Oscillator 12,26,9 Close
Ichimoku Kinko Hyo 24,60,120

Time: 1 Hour

CHF

The pre-planned positions for sell from key resistance range were realized with attainment of minimal assumed target. OsMA trend indicator, having preserved the activity parity of both parties at relatively low level continues supporting the version of possible range movement without definiteness in the choice of planning priorities for today. Hence we assume the possibility of close 1.0960/80 resistance test, 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 1.0900/20, 1.0840/60, 1.0780/1.0800 and/or further breakout variant up to 1.0720/40, 1.0660/80, 1.0600/20, 1.0520/40.

An alternative for buyers will be above 1.1020 with targets 1.1060/80, 1.1120/40, 1.1180/1.1200.

GBP
The pre-planned breakout variant for sells was realized with overlap of minimal assumed target. OsMA trend indicator, having marked the relative bearish activity rise gives reasons for assumptions about incompleteness of rate correction period but considering preservation of general bullish rate direction we assume the possibility of attainment lower boundary supports of Ichimoku cloud at 1.8220/40, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval.

For short-term buying positions on condition of formation of topping signals the targets will be 1.8280/1.8300, 1.8360/80, 1.8440/60, 1.8500/20 and/or further breakout variant up to 1.8580/1.8600, 1.8660/80, 1.8700/20.

An alternative for sells will be below 1.8160 with targets 1.8100/20, 1.8020/40, 1.7920/40, 1.7800/20.

JPY
The pre-planned breakout variant for buyers was realized with attainment of minimal assumed target. OsMA trend indicator, having marked relative activity rise of both parties did not have the signs of definiteness in the choice of planning priorities for today. Hence as before we assume the possibility of range rate movement at the moment considering the descending direction of indicator chart, there is logic in expecting the pair return to 105.20/30 supports, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval.

For short-term buying positions on condition of formation of topping signals the targets will be 105.70/90, 106.10/20 and/or further breakout variant up to 106.60/80, 107.20/40, 107.80/108.00.

An alternative for sells will be below 104.80 with targets 104.20/40, 103.60/80.

EUR
The pre-planned buying positions from key supports were realized with attainment of minimal assumed target. OsMA trend indicator, having marked the low activity level preservation of both parties continues supporting the case of rate movement development without definiteness in the choice of planning priorities but with the risk of abrupt situation change in favor of one of the parties. Hence targeting at rate risks decrease we assume the possibility of the more strength support ranges test at 1.45/20, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval.

For short-term buying positions on condition of formation of topping signals the targets will be 1.4580/1.4600, 1.4660/80, 1.4760/80 and/or further breakout variant above 1.4800 with targets 1.4840/60, 1.4900/20, 1.4980/1.5000.

An alternative for sells will be below 1.4460 with targets 1.4400/20, 1.4320/40, 1.4240/60, 1.4200/20.

Technical analysis for September 25, 2008

Indicators:

Moving Average 34, Simple, Median Price HL/2
Moving Average of Oscillator 12,26,9 Close
Ichimoku Kinko Hyo 24,60,120

Time: 1 Hour

CHF
The earlier opened positions for sell had a positive result at the attainment of minimal assumed targets. OsMA trend indicator, having marked the minimal bearish activity rise is favorable for bearish planning priority but considering the general low activity level of both parties we assume the possibility of pair return to the bottom of Ichimoku cloud at 1.0900/20, 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 1.0820/40, 1.0760/80 and/or further breakout variant up to 1.0700/20, 1.0620/40.

An alternative for buyers will be above 1.1000 with targets 1.1060/80, 1.1120/40, 1.1180/1.1200.

GBP
The pre-planned buying positions from the key supports were realized with attainment of basic assumed targets. OsMA trend indicator, having preserved the low activity level of both parties gives reasons as before for assumptions about range rate movement without definiteness in the choice of planning priorities for today. Hence considering the long-term bullish direction we assume the possibility of pair return to the upper boundary of Ichimoku cloud at 1.8400/20, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval.

For short-term buying positions on condition of formation of topping signals the targets will be 1.8480/1.8500, 1.8560/80, 1.8640/60 and/or further breakout variant up to 1.8700/20, 1.8780/1.8800.

An alternative for sells will be below 1.8360 with targets 1.8300/20, 1.8240/60, 1+8180/1.8200.

JPY
The pre-planned positions for sell from the key support ranges were realized with attainment of minimal assumed target. OsMA trend indicator, having marked the preservation of both parties low activity level supports as before assumptions about range rate movement in the close outlook without definiteness in choice of planning priorities for today. Hence we assume the possibility of further test at 106.00/20 resistance range, 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 105.50/60, 105.00/20, 104.60/80 and/or further breakout variant up to 104.00/20, 103.40/60.

An alternative for buyers will be above 106.60 with targets 107.00/20, 107.60/80, 108.00/20.

EUR
The earlier opened and preserved long positions had a positive result at minimal calculated targets. OsMA trend indicator, having marked the low activity level of both parties keeps supporting assumptions on further rate range movement without definiteness in choice of planning priorities for today. Hence we assume the possibility of Ichimoku cloud upper boundary test at 1.4600/20, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval.

For short-term buying positions on condition of formation of topping signals the targets will be 1.4660/80, 1.4720/40, 1.4800/20, 1.4860/80 and/or further breakout variant above 1.4900 with targets 1.4940/60, 1.5000/20.

An alternative for sells will be below 1.4480 with targets 1.4420/40, 1.360/80.

Technical analysis for September 24, 2008

Indicators:

Moving Average 34, Simple, Median Price HL/2
Moving Average of Oscillator 12,26,9 Close
Ichimoku Kinko Hyo 24,60,120

Time: 1 Hour

CHF
The pre-supposed key resistance range test was confirmed with the conditions for the pre-planned sells positions realization. OsMA trend indicator, having marked the general activity parity of both parties with the signs of bearish reverse signal formation gives reasons for assumptions about the range rate movement in the close outlook and the possible current price position near the side channel upper boundary.

Hence for open short positions the targets will be 1.0800/20, 1.0720/40, 1.0660/80 and further breakout variant up to 1.0600/20, 1.0520/40, 1.0440/60.

The alternative for buyers will be above 1.0940 with targets 1.0980/1.1000, 1.1040/60, 1.1100/20.

GBP
The pre-planned buying positions from the key support ranges were realized with attainment of basic assumed targets. OsMA trend indicator, having marked the activity fall of both parties but with the preservation of minimal bearish advantage brings definiteness concerning the choice of planning priorities for today, but gives reasons for assumptions about the outlook of rate range movement in the near outlook. Hence we assume the possibility of another close 1.8460/80 supports test, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval.

For short-term buying positions on condition of formation of topping signals the targets will be 1.8520/40, 1.8580/1.8600, 1.8640/60 and/or further breakout variant up to 1.8700/20, 1.8780/1.8800, 1.8860/80, 1.8940/60.

An alternative for sells will be below 1.8380 with targets 1.8320/40, 1.8260/80, 1.8180/1.8200, 1.8100/20.

JPY
The pre-planned sell positions from the key support range were realized with attainment of minimal assumed target. OsMA trend indicator, having marked the activity fall of both parties as the sign of indefiniteness in the choice of planning priorities gives reasons for assumptions about the further rate range movement in the near outlook. Hence we assume the possibility of range 105.90/106.00 resistance test, 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 105.50/60, 105.00/20, 104.60/80 and/or further breakout variant up to 104.00/20, 103.40/60.

An alternative for buys will be above 106.60 with targets 107.00/20, 107.60/80, 108.00/20.

EUR
The pre-supposed key support ranges test was confirmed with conditions for the realization of the pre-planned buying positions. OsMA trend indicator, having marked the general close activity parity of both parties gives reasons to assume the outlook of range rate movement and “supports” the preservation of buying positions but with targets limited at the current week top. Hence and considering the ascending direction of indicator chart for open long positions the targets will be 1.4720/40, 1.4780/1.4800, 1.4860/80 and further breakout variant above 1.4900 with targets 1.4940/60, 1.5000/20.

The alternative for sells will be below 1.4600 with targets 1.4520/40, 1.4440/60, 1.4360/80.

Technical analysis for September 23, 2008

Indicators:

Moving Average 34, Simple, Median Price HL/2
Moving Average of Oscillator 12,26,9 Close
Ichimoku Kinko Hyo 24,60,120

Time: 1 Hour

CHF
The pre-planned breakout variant for sells was realized with overlap of assumed targets. OsMA trend indicator, having marked relatively high bullish activity level but with the signs of pair oversell gives reasons to preserve selling planning priorities but after the rate correction period completion for which the close key support range will be 1.0860/60, 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 1.0800/20, 1.0720/40, 1.0660/80 and/or further breakout variant up to 1.0600/20, 1.0520/40, 1.0440/60.

An alternative for buyers will be above 1.0940 with targets 1.0980/1.1000, 1.1040/60, 1.1100/20.

GBP
The pre-planned breakout variant for buyers was realized with attainment of basic assumed targets. OsMA trend indicator, having marked the activity fall of both parties with the signs of pair overbought gives reasons for bullish planning priorities preservation for today as well, but considering the possible rate correction for which the close key support range will be 1.8460/80, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval.

For short-term buying positions on condition of formation of topping signals the targets will be 1.8520/40, 1.8580/1.8600, 1.8640/60 and/or further breakout variant up to 1.8700/20, 1.8780/1.8800, 1.8860/80, 1.8940/60.

An alternative for sells will be below 1.8380 with targets 1.8320/40, 1.8260/80, 1.8180/1.8200, 1.8100/20.

JPY
The pre-planned short-term buying positions from key support range were realized with attainment of minimal assumed target. At the moment with the minimal bullish activity advantage and with the fall of bullish resistance level we assume the possibility of pair return to the close resistance range limited at the top of Ichimoku cloud at 105.70/80, 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 105.20/30, 104.60/80 and/or further breakout variant up to 1104.00/20, 103.40/60.

An alternative for buyers will be above 106.20 with targets 106.60/80, 107.20/40, 107.80/108.00.

EUR
The pre-planned breakout variant for buyers was realized with overlap of assumed targets. OsMA trend indicator, having marked the current week high attainment by forming bullish reverse signal gives reasons to assume the possible rate correction but with buying planning priorities preservation for today as well. Hence and considering the descending direction of indicator chart we presume the possibility of pair return to close 1.4660/80 supports, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval.

For short-term buying positions on condition of formation of topping signals the targets will be 1.4720/40, 1.4780/1.4800, 1.4860/80 and/or further breakout variant above 1.4900 with targets 1.4940/60, 1.5000/20.

An alternative for sells will be below 1.4600 with targets 1.4520/40, 1.4440/60, 1.4360/80.

Technical analysis for September 22, 2008

Indicators:

Moving Average 34, Simple, Median Price HL/2
Moving Average of Oscillator 12,26,9 Close
Ichimoku Kinko Hyo 24,60,120

Time: 1 Hour

CHF
The pre-planned breakout variant for sells was realized with overlap of minimal assumed target. OsMA trend indicator, having marked near activity parity of both parties but with the minimal bearish party advantage gives reasons for sells planning priority for today. Hence and considering the ascending indicator chart we assume the possibility of pair return to the bottom of Ichimoku cloud at 1.1060/80, 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 1.1000/20, 1.0940/60 and/or further breakout variant up to 1.0880/1.0900, 1.0820/40.

An alternative for buyers will be above 1.1140 with targets 1.1180/1.1200, 1.1260/80.

GBP
The pre-planned buying positions from key support range were realized with overlap of assumed targets. OsMA trend indicator, having marked the preservation of bullish activity advantage gives reasons for the preservation of buying priorities for today as well. Hence and considering the descending indicator chart we assume the possibility of pair return to 1.8160/80, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval.

For buyers on condition of formation of topping signals the targets will be 1.8240/60, 1.8300/20, 1.8380/1.8400 and/or further breakout variant up to 1.8460/80, 1.8520/40, 1.8600/20, 1.8660/80.

An alternative for sells will be below 1.8100 with targets 1.8020/40, 1.7960/80, 1.7900/20, 1.7840/60.

JPY
The pre-supposed rate rise development was confirmed but without pair return to key supports for the realization of trading planes in the priority direction. OsMA trend indicator, having marked the relative bearish resistance rise gives reasons for assumptions about the rate correction continuation but with the preservation of buying planning priorities for today as well. Hence we assume the attainment of Ichimoku cloud top at 106.00/20 supports, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval.

For short-term buying positions on condition of formation of topping signals the targets will be 106.60/80, 107.20/40 and/or further breakout variant up to 107.80/108.00, 108.40/60, 109.00/20.

An alternative for sells will be below 105.40 with targets 104.80/105.00, 104.20/40, 103.60/80.

EUR
The pre-planned breakout variant for buyers was realized with overlap of assumed targets. OsMA trend indicator, having marked the general parity activity of both parties but with the signs of minimal advantage in bullish activity gives reasons for choosing buying planning priorities for today, but after the rate correction completion at key support ranges 1.4380/1.4400, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval.

For short-term buying positions on condition of formation of topping signals the targets will be 1.4440/60, 1.4500/20, 1.4560/80 and/or further breakout variant above 1.4600 with targets 1.4640/60, 1.4700/20, 1.4780/1.4800.

An alternative for sells will be below 1.4300 with targets 1.4240/60, 1.4160/80, 1.4100/20, 1.4060/80.

Technical analysis for September 19, 2008

Indicators:

Moving Average 34, Simple, Median Price HL/2
Moving Average of Oscillator 12,26,9 Close
Ichimoku Kinko Hyo 24,60,120

Time: 1 Hour

CHF
The pre-planned positions for sells from the key resistance range were realized with attainment of basic assumed targets. OsMA trend indicator, having marked the current week Low by the signs of pair overbought with the consequent bullish activity strengthening, gives reasons for the choice of buying planning priorities for today. Hence and considering the indicator chart reversal moment we assume the possibility of pair return to 1.1080/1.1100 supports, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval.

For short-term buying positions on condition of formation of topping signals the targets will be 1.1140/60, 1.1200/20, 1.1240/60 and/or further breakout variant up to 1.1300/20, 1.1360/80, 1.1400/20.

An alternative for sells will be below 1.1040 with targets 1.0980/1.1000, 1.0920/40, 1.0880/1.0900.

GBP
The pre-planned buying positions from key support ranges were realized with attainment of basic assumed targets. OsMA trend indicator, having marked the renovation of the weekly top by forming reversal bearish signal with the consequent sells activity strengthening, gives reasons for assumptions on rate fall continuation but with preservation of buying planning priorities for today. Hence we assume the possibility of attainment the of Ichimoku cloud top in 1.7900/20, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval.

For short-term buying positions on condition of formation of topping signals the targets will be 1.7960/80, 1.8040/60 and/or further breakout variant up to 1.8100/20, 1.8180/1.8200, 1.8240/60.

An alternative for sells will be below 1.7840 with targets 1.7780/1.7800, 1.7720/40, 1.7660/80, 1.7580/1.7600, 1.7500/20, 1.7440/60.

JPY
At 106.00/20 it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For buying positions on condition of formation of topping signals the targets will be 106.60/80, 107.20/40, 107.80/108.00 and/or further breakout variant up to 108.40/60, 109.00/20, 109.80/110.00, 110.40/60.

An alternative for sells will be below 105.20 with targets 104.60/80, 104.00/20, 103.60/80.

EUR
The pre-planned breakout variant for buyers was realized with attainment of minimal assumed target. OsMA trend indicator, having marked top renewal within the current week by the reverse bearish signal formation with the consequent confirming sells activity strengthening, gives reasons for the corresponding choice of planning priorities for today. Hence we assume the possibility of short-term pair return to the bottom of Ichimoku cloud at 1.4170/90, 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 1.4110/30, 1.4060/80 and/or further breakout variant up to 1.4000/20, 1.3940/60, 1.3880/1.3900.

An alternative for buyers will be above 1.4260 with targets 1.4300/20, 1.4360/80, 1.4400/20.

Technical analysis for September 18, 2008

Indicators: Moving Average 34, Simple, Median Price HL/2
Moving Average of Oscillator 12,26,9 Close
Ichimoku Kinko Hyo 24,60,120

Time: 1 Hour

CHF
The earlier opened long positions attained the assumed targets as well as the realized breakout variant for sells. OsMA trend indicator, having marked the bearish activity priority gives reasons for the preservation of sells planning priorities for today as well. At the moment considering the ascending indicator chart we assume the possibility of pair return to 1.1040/60 resistance range, 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 1.0980/1.1000 and/or further breakout variant below 1.0960 with targets 1.0900/20, 1.0840/60.

An alternative for buyers will be above 1.1130 with targets 1.1170/90, 1.1220/40.

GBP
The pre-planned breakout variant for buyers was realized with overlap of assumed targets. OsMA trend indicator, having marked the high bullish activity development gives reasons to choose buying planning priorities for today. Hence and considering the descending indicator chart we assume the possibility of pair return at 1.8120/40 support range, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval.

For buying positions on condition of formation of topping signals the targets will be 1.8180/1.8200, 1.8240/60 and/or further breakout variant up to 1.8300/20, 1.8380/1.8400, 1.8440/60, 1.8500/20.

An alternative for sells will be below 1.8060 with targets 1.8000/20, 1.7930/50, 1.7870/90.

JPY
The pre-planned breakout variant for sells was realized with attainment of minimal assumed target. OsMA trend indicator, having marked the formation of bullish reversal signal with the preservation of bullish activity advantage gives reasons for assumptions of pair return to the bottom of Ichimoku cloud at 105.00/20, 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 104.40/60, 103.80/104.00, 103.20/40 and/or further breakout variant up to 102.60/80, 102.00/20.

An alternative for buyers will be above 105.80 with targets 106.20/40, 106.80/107.00.

EUR
The pre-planned breakout variant for buyers was realized with attainment of minimal assumed target. OsMA trend indicator, having marked the bullish activity progress gives reasons for choosing buying planning priorities for today. Hence and considering the descending indicator chart we assume the possibility of pair return to the top of Ichimoku cloud at 1.4240/60, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval.

For short-term buying positions on condition of formation of topping signals the targets will be 1.4400/20, 1.4460/80 and/or further breakout variant up to 1.4520/40, 1.4580/1.4600.

An alternative for sells will be below 1.4160 with targets 1.4100/20, 1.4040/60, 1.4000/20.

Technical analysis for September 17, 2008

Indicators: Moving Average 34, Simple, Median Price HL/2
Moving Average of Oscillator 12,26,9 Close
Ichimoku Kinko Hyo 24,60,120

Time: 1 Hour

CHF
The pre-supposed key resistance range test was confirmed with conditions for the pre-planned buying positions realization. At the moment for the preservation of open short positions we have the positive moment of descending indicator chart in the phase of bearish potential rise but with the sign of certain buyers advantages preservation and open sells intention for the attainment of further targets is baseless for the moment. Hence we assume the attainment of near 1.1160/80 supports, 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 1.1220/40, 1.1260/80 and/or further breakout variant up to 1.1320/40, 1.1380/1.1400.

An alternative for sells resumption will be below 1.1120 with targets 1.1060/80, 1.1000/20.

GBP
The pre-planned breakout variant for sells was realized with attainment of basic assumed targets. OsMA trend indicator, having marked the signs of pair overbought, nevertheless did not display the confirming bullish resistance strengthening giving reasons for the preservation of the earlier chosen bearish planning priorities for today as well. Hence at the moment considering the low activity of both parties with the possible rate range movement we assume the test of near 1.7900/20 resistance range, 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 1.7820/40, 1.7760/80 and/or further breakout variant up to 1.7700/20, 1.7640/60, 1.7580/1.7600.

An alternative for buyers will be above 1.7960 with targets 1.8000/20, 1.8080/1.8100, and 1.8120/40.

JPY
The pre-planned breakout variant for buyers was realized but without attainment of presumed targets within boundaries of the last trading day. OsMA trend indicator, having marked the essential buying activity rise gives reasons for the market tones corresponding choice of planning priorities for today. Hence and considering the descending indicator chart we assume the possibility of pair return to 105.50/60 resistance range, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval.

For short-term buying positions on condition of formation of topping signals the targets will be 105.90/106.00, 106.40/60, 107.00/20 and/or further breakout variant up to 107.60/80, 108.00/20, 108.60/80.

An alternative for sells will be below 104.80 with 104.20/40, 103.60/80.

EUR
Pair return to ranges 1.4280/1.4300 where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval.

For sells on condition of formation of topping signals the targets will be 1.4220/40, 1.4140/60 and/or further breakout variant up to 1.4080/1.4100, 1.4020/40, 1.3980/1.4000.

An alternative for buyers will be above 1.4340 with targets 1.4380/1.4400, 1.4460/80, 1.4540/60, 1.4600/20.

Technical analysis for September 16, 2008

Indicators: Moving Average 34, Simple, Median Price HL/2
Moving Average of Oscillator 12,26,9 Close
Ichimoku Kinko Hyo 24,60,120

Time: 1 Hour

CHF
The pre-planned breakout variant for buyers was realized with attainment of minimal assumed target. OsMA trend indicator, having marked the near activity parity of both parties does not provide definiteness in choosing planning priorities for today. Hence, considering the chosen strategy we assume the possibility of range rate movement with the pair return to the bottom of Ichimoku cloud in 1.1220/40, 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 1.1140/60, 1.1060/80, 1.1000/20 and/or further breakout variant up to 1.0940/60, 1.0860/80.

An alternative for buyers will be above 1.1300 with targets 1.1340/60, 1.1400/20.

GBP
The pre-planned breakout variant for sells was realized with attainment of basic assumed targets. OsMA trend indicator, having marked the advantage of bearish activity at the break of key supports gives reasons for sells planning priorities for today. Hence, and considering the delay in rate fall we assume the possibility of pair return to near resistance range 1.8060/80, 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 1.7980/1.8000, 1.7920/40, 1.7860/80 and/or further breakout variant up to 1.7800/20, 1.7720/40, 1.7680/1.7700.

An alternative for buyers will be above 1.8140 with targets 1.8180/1.8200, 1.8260/80, 1.8340/60, 1.8400/20.

JPY
The pre-planned breakout variant for sells was realized with overlap of minimal assumed target. OsMA trend indicator, having marked the sign of pair overbought have not displayed yet the confirming buying activity strengthening giving reasons to preserve bearish planning priorities but on condition of the possible rate correction for which key resistance ranges will be 105.40/60, 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 104.80/105.00, 104.20/40, 103.60/80 and/or further breakout variant up to 103.00/20, 102.60/80.

An alternative for buyers will be above 106.40 with targets 106.80/107.00, 107.40/60.

EUR
The possibility of pair return to ranges 1.4290/1.4310, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval.

For sells on condition of formation of topping signals the targets will be 1.4220/40, 1.4140/60 and/or further breakout variant up to 1.4080/1.4100, 1.4020/40, 1.3980/1.4000.

An alternative for buyers will be above 1.4340 with targets 1.4380/1.4400, 1.4460/80, 1.4540/60, 1.4600/20.

Technical analysis for September 15, 2008

Indicators: Moving Average 34, Simple, Median Price HL/2
Moving Average of Oscillator 12,26,9 Close
Ichimoku Kinko Hyo 24,60,120

Time: 1 Hour

CHF
The pre-planned breakout variant for sells was realized with attainment of basic assumed targets. OsMA trend indicator, having marked the essential bearish activity rise gives reasons to choose sell planning priorities for today. Hence considering the ascending direction of indicator chart we assume the possibility of pair return to the bottom of Ichimoku cloud in 1.1190/1.1210, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval.

For sells on condition of formation of topping signals the targets will be 1.1110/30, 1.1040/60 and/or further breakout variant up to 1.0980/1.1000, 1.0920/40.

An alternative for buyers will be above 1.1240 with targets 1.1280/1.1300, 1.1340/60.

GBP
The pre-planned breakout variant for buyers was realized with overlap of assumed targets. OsMA trend indicator, having marked the signs of pair overbought but with the preservation of the displayed bullish activity advantage at the break of key resistance range gives reasons to choose buying planning priorities for today. Hence, and considering the descending direction of indicator chart we assume the possibility of pair return to support ranges 1.7960/80, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval.

For short-term buying positions on condition of formation of topping signals the targets will be 1.8020/40, 1.8080/1.8100, 18120+40 and/or further breakout variant up to 1.8180/1.8200, 1.8260/80, 1.8300/20.

An alternative for sells will be below 1.7900 with targets 1.7820/40, 1.7760/80, 1.7720/40.

JPY
The pre-planned breakout variant for sells was realized with overlap of assumed targets. OsMA trend indicator, having marked the essential bearish activity rise gives reasons as before for bearish planning priorities preservation for today as well. Hence and considering the bullish reversal pattern of indicator chart we assume the possibility of pair return to the near resistance range 106.60/80, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval.

For sells on condition of formation of topping signals the targets will be 106.00/20, 105.20/40, 104.80/105.00 and/or further breakout variant up to 104.20/40, 103.60/80, 103.00/20.

An alternative for buyers will be above 107.40 with targets 107.80/108.00, 108.40/60, 108.80/109.00.

EUR
The pre-planned breakout variant for buyers was realized with overlap of assumed targets. OsMA trend indicator, having market bullish activity advantage at the break of the key support range continues on the short-term basis supporting the buying planning priorities for today as well. Hence, and considering descending direction of indicator chart we assume the possibility of pair return to 1.4280/1.4300, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval.

For short-term buying positions on condition of formation of topping signals the targets will be 1.4360/80, 1.4440/60, 1.4480/1.4500 and/or further breakout variant up to 1.4560/80, 1.4620/40, 1.4680/1.4700.

An alternative for sells will be below 1.4260 with targets 1.4200/20, 1.4140/60.

Technical analysis for September 12, 2008

Indicators: Moving Average 34, Simple, Median Price HL/2
Moving Average of Oscillator 12,26,9 Close
Ichimoku Kinko Hyo 24,60,120

Time: 1 Hour

CHF
The presumed test of key support range for the realization of the pre-planned buying positions was not confirmed, but further rate rise with the pair overbought strengthening was not favorable for bullish support through the realization of the breakout buying variant. At the moment, considering the relative bearish activity rise we further assume the possibility of pair return to 1.1260/80 supports, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For buying positions on condition of formation of topping signals the targets will be 1.1320/40, 1.1380/1.1400, 1.1420/40 and/or further breakout variant up to 1.1480/1.1500, 1.1540/60, 1.1600/20. An alternative for sells will be below 1.1180 with targets 1.1120/40, 1.1040/60, 1.1000/20.

GBP
The presumed test of key resistance range for the realization of the pre-planned sells positions was not confirmed, but marked by OsMA trend indicator low activity level of both parties with the slight minimal buying overbalance gives reasons for keeping the earlier trading planes practically unchanged. Hence we further assume the possibility of pair return to range 1.7640/60, 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 1.7580/1.7600, 1.7500/20, 1.7440/60 and/or further breakout variant up to 1.7380/1.7400, 1.7300/20, 1.7240/60. An alternative for buyers will be above 1.7740 with targets 1.7780/1.7800, 1.7860/80, 1.7920/40.

JPY
The pre-planned breakout variant for sells was realized with attainment of minimal assumed target. OsMA trend indicator, having marked the close activity parity of both parties with a slight bearish advantage gives reasons for the earlier trading plans preservation practically without changes. Hence we further assume the possibility of reaching 108.00/20 resistance range, 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 107.40/60, 106.60/80 and/or further breakout variant up to 106.00/20, 105.60/80. An alternative for buyers will be above 108.40 with targets 108.80/109.00.

EUR
The presumed test of key resistance range was not confirmed but the expected rate decrease in the scope of pair oversold signs was not favorable as well for the breakout variant realization. OsMA trend indicator, having marked the relative buying activity rise after the bullish reversal signal at the break of the week’s Low gives reasons for making assumptions about further rate correction but with the planning priorities preservation in further outlook. Hence, considering the descending indicator chart we assume the possibility of pair return to 1.3920/40 resistance, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term buying positions on condition of formation of topping signals the targets will be 1.3980/1.4000, 1.040/60 and/or further breakout variant up to 1.4100/20, 1.4160/80, 1.4200/20. An alternative for sells renewal will be below 1.3860 with targets 1.3800/20, 1.3740/60, 1.3680/1.3700.

Technical analysis for September 11, 2008

Indicators: Moving Average 34, Simple, Median Price HL/2
Moving Average of Oscillator 12,26,9 Close
Ichimoku Kinko Hyo 24,60,120

Time: 1 Hour

CHF
The pre-planned breakout variant for buyers was realized with attainment of assumed targets. OsMA trend indicator, having marked relative bullish activity rise gives reasons to support buying planning priorities for today as well, but considering the general situation of approximate activity equality of both parties as a sign of possible range movement of the rate we assume the possibility of pair return to the upper Ichimoku cloud boundary at 1.1260/80, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For buying positions on condition of formation of topping signals the targets will be 1.1320/40, 1.1380/1.1400 and/or further breakout variant above 1.1420 with targets 1.1460/80, 1.1520/40, 1.1580/1.1600. An alternative for sells will be below 1.1180 with targets 1.1120/40, 1.1040/60, 1.1000/20.

GBP
The pre-planned breakout variant for sells was realized with attainment of minimal assumed target. OsMA trend indicator, having marked low activity level of both parties without definiteness in choosing planning priorities gives reasons for presuppositions about possible range movement of the rate in a short-term future. Hence we assume the possibility of another pair return to 1.7640/60, 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 1.7580/1.7600, 1.7500/20, 1.7440/60 and/or further breakout variant up to 1.7380/1.7400, 1.7300/20, 1.7240/60. An alternative for buyers will be above 1.7740 with targets 1.7780/1.7800, 1.7860/80, 1.7920/40.

JPY
The presumed test of key resistance levels for realization of pre-planned short-term positions was not confirmed as well as any of earlier made up conditions of trading plan. OsMA trend indicator, having marked activity parity of both parties gives reasons to presume range rate movement and preservation of earlier composed trading plans with no significant changes. We still assume the possibility of attainment of resistance levels 108.00/20, 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 107.40/60, 106.60/80 and/or further breakout variant up to 106.00/20, 105.60/80. An alternative for buyers will be above 108.40 with targets 108.80/109.00.

EUR
The pre-planned breakout variant for sells was realized with overlap of minimal assumed target. OsMA trend indicator, having marked relative bearish activity rise gives reasons to support bearish planning priorities for today. Hence and considering rising direction of indicator chart we assume the possibility of pair return to ranges of Kijun-Sen and Tenkan-sen of Ichimoku indicator at 1.4060/80, 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 1.4000/20, 1.3940/60, 1.3900/20 and/or further breakout variant up to1.3840/60, 1.3780/1.3800. An alternative for sells will be above 1.4120 with targets 1.4160/80, 1.4200/20.

Technical analysis for September 10, 2008

Indicators: Moving Average 34, Simple, Median Price HL/2
Moving Average of Oscillator 12,26,9 Close
Ichimoku Kinko Hyo 24,60,120

Time: 1 Hour

CHF
At 1.1200/20 it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term buying positions on condition of formation of topping signals the targets will be 1.1260/80 and/or further breakout variant up to 1.1320/40, 1.1370/90. An alternative for sells will be below 1.1160 with targets 1.1100/20, 1.1040/60, 1.1000/20.

GBP
The pre-planned short positions from the key resistance range were realized with attainment of minimal presumed target. OsMA trend indicator, having marked the activity fall of both parties does not provide definiteness in choice of planning priorities for today, but considering a preservation of minimal short-term bullish advantage as well as trend direction of rate movement inside the descending trade channel we assume a possibility of levels test by the limited Kijun-Sen signal of Ichimoku indicator at 1.7720/40, 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 1.7640/60, 1.7560/80 and/or further breakout variant up to 1.7480/1.7500, 1.7400/20, 1.7340/60, 1.7280/1.7300. An alternative for buyers will be above 1.7820 with targets 1.7860/80, 1.7940/60.

JPY
The pre-planned breakout variant for sells was realized but with a loss of several points in attainment of minimal presumed target. OsMA trend indicator, having marked the low activity level of both parties gives reasons to presume a possibility of range movement of the rate without definiteness in choice of planning priorities for today. Hence considering the factor of ascending direction of indicator chart with a preservation of minimal bullish activity, we presume a possibility of pair return to resistance range 108.00/20, 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 107.40/60, 106.60/80 and/or further breakout variant up to 106.00/20, 105.60/80. An alternative for buyers will be above 108.40 with targets 108.80/109.00

EUR
At 1.4240/60 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 1.4180/1.4200, 1.4120/40, 1.4040/60 and/or further breakout variant up to 1.3980/1.4000, 1.3900/20, 1.3840/60. An alternative for buyers will be above 1.4350 with targets 1.4390/1.4410, 1.4440/60.

Technical analysis for September 09, 2008

Indicators:

Moving Average 34, Simple, Median Price HL/2

Moving Average of Oscillator 12,26,9 Close

Ichimoku Kinko Hyo 24,60,120

Time: 1 Hour

CHF

Earlier opened buying positions had a positive result as well as realization of pre-planned breakout variant for buyers with overlap of assumed targets. OsMA trend indicator, having marked progress of bullish activity continues supporting priority of planning operations on rate rise, but considering relative strengthening of bearish counteraction we assume the possibility of pair return to 1.1230/50 supports, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval.

For short-term buying positions on condition of formation of topping signals the targets will be 1.1290/1.1310, 1.1360/80 and/or further breakout variant above 1.1400 with targets 1.1440/60, 1.1500/20, 1.1560/80.

An alternative for sells will be below 1.1200 with targets 1.1140/60, 1.1100/20.

GBP

The pre-planned breakout variant for sells was realized with overlap of assumed targets. OsMA trend indicator, having marked high activity level of both parties is not a sign of definiteness in choosing planning priorities for today. Hence, considering chosen strategy based on assumptions about possible range movement of rate and taking into account signs of bearish incompletion, we assume the possibility of pair return to the bottom of Ichimoku cloud at 1.7660/80, 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 1.7600/20, 1.7520/40, 1.7460/80 and/or further breakout variant up to 1.7400/20, 1.7320/40, 1.7260/80.

An alternative for buyers will be above 1.7760 with targets 1.7800/20, 1.7860/80, 1.7920/40.

JPY

The pre-planned breakout variant for sells was realized but the attainment of presumed targets for the moment is not “supported” by bearish activity at the break of key supports. Hence, at the moment, considering maintenance of bearish advantage and assumptions on incompletion of rate correction we presume the possibility of pair return to nearest supports 107.20/30, 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 107.70/90, 108.20/40 and/or further breakout variant up to 108.80/109.00, 109.40/60.

An alternative for buyers will be below 107.00 with targets 106.40/60, 105.80/106.00, and 105.40/60.

EUR

The pre-planned breakout variant for sells was realized with overlap of presumed targets. OsMA trend indicator, having marked considerably high activity level of both parties does not provide definiteness in choosing planning priorities for today. Hence, according to chosen strategy based on presuppositions about possible range movement of the rate and considering signs of bearish incompletion we assume the possibility of pair return to resistance range 1.4150/70, 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 1.4090/1.4110, 1.4030/50 and/or further breakout variant below 1.4000 with targets 1.3940/60, 1.3880/1.3900, 1.3820/40.

An alternative for buyers will be above 1.4250 with targets 1.4290/1.4310, 1.4350/70.

Technical analysis for September 08, 2008

Indicators: Moving Average 34, Simple, Median Price HL/2
Moving Average of Oscillator 12,26,9 Close
Ichimoku Kinko Hyo 24,60,120

Time: 1 Hour

CHF
The pre-planned breakout variant for buyers was realized but without attainment of presumed targets within the past trading day. OsMA trend indicator, despite the signs of pair overbought nevertheless it kept the minimum of buying advantages as the basis for maintenance of early opened buying positions. Hence, considering the bearish direction of the indicator chart with practically unknown result of bearish activity development level we assume the possibility of attainment of upper boundary of Ichimoku cloud at 1.1090/1.1110, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term buying positions on condition of formation of topping signals the targets will be 1.1150/70, 1.1210/30 and/or further breakout variant up to 1.1270/90, 1.1310/30. An alternative for sells will be below 1.1070 with targets 1.1010/30, 1.0960/80.

GBP
The pre-planned breakout variant for buyers was realized with overlap of presumed targets. OsMA trend indicator, having marked the high level of bullish activity at the breakout of key support levels range according to the chosen strategy gives reasons for buying priorities of planning for today. Hence and considering the reversal factor of chart indicator we presume the possibility of pair return to the bottom of Ichimoku cloud at 1.7800/20, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For buying positions on condition of formation of topping signals the targets will be 1.7880/1.7900, 1.7960/80, 1.8020/40 and/or further breakout variant up to 1.8080/1.8100, 1.8140/60, 1.8200/20. An alternative for sells will be below 1.7760 with targets 1.7700/20, 1.7620/40, 1.7540/60.

JPY
The pre-planned breakout variant for buyers was realized with attainment of presumed targets. OsMA trend indicator, having marked the essential level of bullish activity leaves no other variants except the buying choice of planning priorities for today. Hence and considering the reverse of indicator chart we assume the possibility of pair return to the nearest supports 108.20/40, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For buying positions on condition of formation of topping signals the targets will be 108.80/109.00, 109.30/50 and/or further breakout variant up to 109.90/110.10, 110.50/70. An alternative for sells will be below 107.60 with targets 107.00/20, 106.40/60, 105.60/80.

EUR
At 1.4360/80(supports), where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term buying positions on condition of formation of topping signals the targets will be 1.4420/40, 1.4480/1.4500 and/or further breakout variant up to 1.4540/60, 1.4590/1.4610. An alternative for sells will be below 1.4290 with targets 1.4210/30, 1.4170/90.

Technical analysis for September 05, 2008

Indicators: Moving Average 34, Simple, Median Price HL/2
Moving Average of Oscillator 12,26,9 Close
Ichimoku Kinko Hyo 24,60,120

Time: 1 Hour

CHF
The pre-planned breakout variant for buyers was realized with attainment of minimal presupposed target. OsMA trend indicator having marked vagueness of bullish development with general bearish party advantage is not clear concerning certain choice of planning priorities for today. Hence in the current situation according to the chosen strategy we presuppose the possibility of cross range movement with rate return to 1.1010/30 supports, 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 1.1070/90, 1.1140/60, 1.1190/1.1210 and/or further breakout variant up to 1.1250/70, 1.1300/20. An alternative for buyers will be below 1.0960 with targets 1.0900/20, 1.0840/60.

GBP
The pre-planned sales from key resistance level range were realized with attainment of basic presupposed targets. OsMA trend indicator having marked relative rise in bearish activity gives reasons to stick to early chosen planning priorities for today as well. Hence taking into account rising chart indicator position we assume the possibility of reaching 1.7690/1.7710 range resistance levels, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term sales on condition of formation of topping signals the targets will be 1.7610/30, 1.7540/60, 1.7480/1.7500 and/or further breakout variant up to 1.7420/40, 1.7340/60, 1.7260/80. An alternative for buyers will be above 1.7760 with targets 1.7720/40, 1.7800/20.

JPY
The pre-planned positions for sale from key resistance level range were realized with overlap of presupposed targets. OsMA trend indicator having marked essential rise in bearish activity confirms the early chosen bearish planning priorities for today as well. Hence and rising direction of chart indicator we presuppose the possibility of pair return to 107.20/40, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For sales on condition of formation of topping signals the targets will be 106.60/80, 106.00/20, 105.60/80 and/or further breakout variant up to 105.00/20, 104.40/60, 103.80/104.00. An alternative for buyers will be above 107.80 with targets 108.20/40, 108.80/109.00.

EUR
The pre-planned breakout variant for sales was realized with overlap of assumed targets. OsMA trend indicator having marked significant increase in bearish activity gives reasons to turn priorities of planning in favor of sales. At the moment taking into account the rising chart indicator position we presuppose pair return to resistance range 1.4370/90, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For sales on condition of formation of topping signals the targets will be 1.310/30, 1.4250/70 and/or further breakout variant to 1.4190/1.4210, 1.4120/40. An alternative for sells will be below 1.4440 with targets 1.4480/1.4500, 1.4540/60, 1.4600/20.

Technical analysis for September 04, 2008

Indicators: Moving Average 34, Simple, Median Price HL/2
Moving Average of Oscillator 12,26,9 Close
Ichimoku Kinko Hyo 24,60,120

Time: 1 Hour

CHF
The pre-planned breakout variant for sales was realized and attainment of presupposed targets is “supported” by relative rise in bearish activity displayed by OsMA trend indicator at the break of key range of support levels. At the moment taking into account the rise of indicator chart we assume the possibility of minor rate shift to the nearest rate of resistance levels, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term sales on condition of formation of topping signals the targets will be 1.1020/40, 1.0960/80 and/or further breakout variant up to 1.0900/20, 1.0860/80. An alternative for buyers will be above 1.1120, with targets 1.1160/80, 1.1200/20.

GBP
The presupposed test of key resistance levels range was confirmed, but certain minimal advantages of bullish party have not contributed to the realization of pre-planned positions for sale. Nevertheless at the moment there are no reasons for changing priorities of planning hence according to the chosen strategy and pre-suppositions about the possibilities of pair return to the range 1.7800/20, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term sales on condition of formation of topping signals the targets will be 1.7720/40, 1.7660/80 and/or further breakout variant up to 1.7600/20, 1.7520/40, 1.7440/60. An alternative for buyers will be above 1.7920 with targets 1.7960/80, 1.8020/40, 1.8080/1.8100.

JPY
The pre-planned breakout variant for sales has been realized with overlap of minimal assumed target. OsMA trend indicator having marked the general situation of preserving bullish party advantage has displayed the signs of incompleteness in the period of corrective rate falling. Hence without having “reliable” indications concerning depth and period of correction we presuppose the possibility of pair return to the bottom of Ichimoku cloud at 108.30/40, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term sales on condition of formation of topping signals the targets will be 107.90/108.00, 107.50/60 and/or further breakout variant up to 107.10/20, 106.50/70. An alternative for buyers will be above 108.80 with targets 109.10/20, 109.60/80, 110.00/20.

EUR
At 1.4450/70 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 1.4510/30, 1.4570/90 and/or further breakout variant above 1.4620 with targets 1.4660/80, 1.4720/40, 1.4780/1.4800. An alternative for sells will be below 1.4380 with targets 1.4320/40, 1.4280/1.4300.

Technical analysis for September 03, 2008

Indicators: Moving Average 34, Simple, Median Price HL/2
Moving Average of Oscillator 12,26,9 Close
Ichimoku Kinko Hyo 24,60,120

Time: 1 Hour

CHF
The pre-planned breakout variant for buyers has been realized with attainment of minimal assumed target. OsMA trend indicator having marked the priority in the activity development of bullish party nevertheless as the negative moment displayed relatively high level of bearish resistance that is following the chosen strategy has a meaning as a negative factor in relation to the prospect of rate increase. Hence, and with the purpose of decreasing trade risks we assume a possibility of pair return to the supports 1.1080/1, 1100 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 1.1140/60, 1.1190/1.1210 and/or further breakout variant up to 1.1250/70, 1.1300/20. An alternative for sells will be below 1.1050 with the targets 1.0990/1.1010, 1.0920/40.

GBP
The pre-planned breakout variant for sells has been realized with attainment of basic assumed targets. OsMA trend indicator having marked the preservation of relatively low activity level of both parties with minimal priority in bullish resistance lowers essentially the prospect of an essential rate decrease in the near future. Hence aiming at the decrease of trade risks we presuppose the possibility of pair return to the points of resistance levels 1.7800/20, 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 1.7720/40, 1.7660/80 and/or further breakout variant up to 1.7600/20, 1.7520/60, 1.7440/60. An alternative for buyers will be above 1.7920 with the targets 1.7960/80, 1.8020/40, 1.8080/1.8100.

JPY
The pre-planned breakout variant for buyers has been realized with attainment of minimal assumed target. OsMA trend indicator having marked the priority in activity of bullish party continues supporting the choice of buyers’ priorities of planning for today as well. Hence we presuppose the possibility of insignificant rate correction with pair return to supports 108.60/70, 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 109.00/10, 109.40/50 and/or further breakout variant up to 109.90/110/00, 110.40/60. An alternative for sells will be below 108.40 with targets 108.00/10, 107.60/70

EUR
At 1.4480/1, 4500 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 1.4420/40, 1.4380/1, 4400 and further breakout variant up to 1.4320/40, 1.4280/1, 4300. An alternative for sells will be above 1.4550 with the targets 1.4590/1, 4610.

Technical analysis for September 02, 2008

Indicators: Moving Average 34, Simple, Median Price HL/2
Moving Average of Oscillator 12,26,9 Close
Ichimoku Kinko Hyo 24,60,120

Time: 1 Hour

CHF
The presumed pair return to the key supports has been confirmed but the relative rise of bearish activity revealed by OsMA indicator did not promote to realization of the pre-planned buyers’ positions. At present taking into account the features of incompletion of bearish development with a lack of marked priorities for planning of trading operations for today, we assume a possibility of pair return to supports along B Senkou Span line of Ichimoku cloud at 1.0980/90, 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 1.1030/50, 1.1080/1.1100 and/or further breakout variant up to 1.1140/60, 1.1200/20. An alternative for sells will be below 1.0940 with the targets 1.0880/1.0900, 1.0820/40.

GBP
At 1.8010/30 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 1.7920/40, 1.7840/60 and/or further breakout variant up to 1.7780/1.7800, 1.7700/20, 1.7640/60. An alternative for buyers will be above 1.8100 with the targets 1.8140/60, 1.8200/20.

JPY
The pre-planned breakout variant for sells has been realized but without attainment of assumed targets within previous trading day. OsMA trend indicator having generally marked the close parity of parties’ activity gives grounds to presume a possibility of range movement of the rate without clearness in a choice of planning priorities for today. At present taking into account the descending direction of indicator chart, we assume a possibility of pair return to supports 107.60/80, 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 108.20/40, 108.60/70 and/or further breakout variant up to 109.10/30, 109.70/90. An alternative for sells will be below 107.20 with the targets 106.60/80, 106.00/20.

EUR
At resistance range 1.4600/20, 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 1.4540/60, 1.4480/1.4500 and/or further breakout variant up to 1.4420/40, 1.4380/1.4400, 1.4320/40. An alternative for buyers will be above 1.4670 with the targets 1.4710/30, 1.4770/90.

Technical analysis for September 01, 2008

Indicators: Moving Average 34, Simple, Median Price HL/2
Moving Average of Oscillator 12,26,9 Close
Ichimoku Kinko Hyo 24,60,120

Time: 1 Hour

CHF
The pre-planned breakout variant for buyers has been realized but without attainment of assumed targets within previous trading day. OsMA trend indicator having marked the activity fall of both parties does not bring in clearness to a choice of planning priorities for today. Nevertheless taking into account general preservation of some advantage of bullish party and taking into account a possibility of range movement of the rate, we assume a possibility of pair return to the nearest supports 1.0990/1.1000, 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 1.1040/50, 1.1080/1.1100 and/or further breakout variant up to 1.1140/60, 1.1200/20. An alternative for sells will be below 1.0950 with the targets 1.0890/1.0910, 1.0820/40.

GBP
At resistance range 1.8100/20 it is recommended to evaluate the activity development according to the charts of shorter time interval. For sells on condition of formation of topping signals the targets will be 1.8020/40, 1.7960/80 and/or further breakout variant up to 1.7900/20, 1.7820/40, 1.7760/80. An alternative for buyers will be above 1.8200 with the targets 1.8240/60, 1.8300/20.

JPY
The presumed test of the key resistance range for realization of the pre-planned short positions has not been confirmed and further parties’ activity within the parity gives grounds to presume a possibility of further preservation of existent tendency as per the version of descending trading channel that is a basic guiding line for planning of trading operations for today. Hence with the first approach we assume a possibility of test of the nearest resistance range 108.65/75, 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 108.10/30, 107.80/90 and/or further breakout variant up to 107.20/40, 106.80/107.00. An alternative for buyers will be above 109.00 with the targets 109.40/60, 109.80/110.00.

EUR
At 1.4580/1.4600 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 above 1.4640 with the targets 1.4680/1.4700, 1.4840/60, 1.4900/20. An alternative for sells will be below 1.4560 with the targets 1.4500/20, 1.4440/60, 1.4400/20.