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.
