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