Updated Technical Analysis on Majors

[alessio]

EUR/USD

The pre-planned break-out variant for buyers has been implemented with attainment of minimal anticipated target. OsMA trend indicator, having marked progress of bullish activity at break of key resistance range levels, suggests preference of planning buying positions for today. Hence and considering descending direction of indicator chart, we can assume probability of rate return to close 1,3240/60 supports, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for buying positions, on condition of the formation of topping signals the targets will be 1,3300/20, 1,3340/60 and (or) further break-out variant up to 1,3400/20, 1,3460/80, 1,3520/40. The alternative for sales will be below 1,3180 with the targets of 1,3120/40, 1,3040/60.

Forex tecnical analysis on other majors

[alessio]

EUR/USD

The pre-planned break-out variant for sales has been implemented with attainment of minimal anticipated target. OsMA trend indicator, having marked generally preserved priority of bullish party activity, suggests bullish direction in planning trading operations for today. Therefore, at this point, considering descending direction of indicator chart, we can assume probability of testing Senkou Span B line in Ichimoku indicator at 1,3120/40 levels, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term buying positions, on condition of the formation of topping signals the targets will be 1,3180/1,3200, 1,3240/60 and (or) further break-out variant up to 1,3300/20, 1,3360/80. The alternative for sales will be below 1,3080 with the targets of 1,3020/40, 1,2960/80, 1,2900/20.

Technical analysis on majors

[alessio]

EUR/USD

The pre-planned break-out variant for sales has been implemented, but with loss in attainment of the anticipated target. OsMA trend indicator, having marked this week`s low by formation of bullish reversal sign with further relatively high level of bullish activity, suggests preference of buying positions in planning trading operations for today. Therefore, at this point, considering descending direction of indicator chart, we can assume probability of rate return to close 1,3080/1,3100 supports, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term buying positions, on condition of the formation of topping signals the targets will be 1,3140/60, 1,3200/40 and (or) further break-out variant up to 1,3280/1,3300, 1,3340/60. The alternative for sales will be below 1,3000 with the targets of 1,2940/60, 1,2880/1,2900.

Forex technical analysis on majors

[alessio]

EUR/USD

The pre-planned break-out variant for sales has been implemented with overlap of the anticipated targets. OsMA trend indicator, having marked break of key supports by essential rise of bearish activity, suggests preference of choosing sales in planning trading operations for today. Hence and considering ascending direction of indicator chart, we can assume probability of rate return to 1,2940/60 resistance levels, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for sales, on condition of the formation of topping signals the targets will be 1,2880/1,2900, 1,2820/40, 1,2780/1,2800 and (or) further break-out variant up to 1,2720/40, 1,2640/60. The alternative for buyers will be above 1,3040 with the targets of 1,3080/1,3100, 1,3160/80.

Technical analysis on other majors

[alessio]

EUR/USD

The anticipated rate return to key resistance range levels for implementation of short positions has not accurately been confirmed, but anticipated rate decline revealed signs of strong rate oversold, essentially reducing prospects of further rate fall without correction. Therefore, at this point, we can assume probability of rate return to close 1,2900/20 resistance levels, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term sales, on condition of the formation of topping signals the targets will be 1,2840/60, 1,2780/1,2800 and (or) further break-out variant up to 1,2720/40, 1,2640/60. The alternative for buyers will be above 1,3020 with the targets of 1,3040/60, 1,3100/20.

Technical analysis on other majors

[alessio]

EUR/USD]

The pre-planned short positions form key resistance range levels have been implemented with attainment of the anticipated targets. OsMA trend indicator, having marked fall in activity of both parties, does not clarify the choice of planning priorities for today. Therefore, considering suppositions of rate range movement, we can assume probability of rate return to 1,2820/40 levels, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term sales, on condition of the formation of topping signals the targets will be 1,2760/80, 1,2700/20 and (or) further break-out variant up to 1,2640/60, 1,2580/1,2600. The alternative for buyers will be above 1,2900 with the targets of 1,2940/60, 1,3000/20.

Forex techinical analysis

[alessio]

EUR/USD

The pre-planned short positions from key resistance range levels have been implemented, but with loss in attainment of the anticipated targets. OsMA trend indicator, having marked preserved low level of both party activity, as earlier, suggests further rate range movement with no clear signs regarding planning priorities for today. Therefore, at this point, considering ascending direction of indicator chart, we can assume probability of rate return to 1,2880/1,2900 resistance levels, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term sales, on condition of the formation of topping signals the targets will be 1,2820/40, 1,2760/80, 1,2700/20 and (or) further break-out variant up to 1,2640/60, 1,2580/1,2600. The alternative for buyers will be above 1,2940 with the targets of 1,2980/1,3000, 1,3040/60, 1,3100/20.

Technical analysis on majors

[alessio]

EUR/USD

The pre-planned short positions from key resistance range levels have been implemented with attainment of minimal anticipated target. OsMA trend indicator, having marked low level of both party activity as a result of the previous trading day, suggests further rate range movement with preservation of earlier designed trading plans for today. Namely, we can assume probability of rate return to close 1,2880/1,2900 resistance levels, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term sales, on condition of the formation of topping signals the targets will be 1,2820/40, 1,2760/80, 1,2700/20 and (or) further break-out variant up to 1,2640/60, 1,2580/1,2600. The alternative for buyers will be above 1,2940 with the targets of 1,2980/1,3000, 1,3040/60, 1,3100/20.

Technical analysis on majors

[alessio]

EUR/USD

The pre-planned short positions from key resistance range levels have been implemented with overlap of minimal anticipated target. OsMA trend indicator, having marked sign of progress of bearish activity, suggests preference of planning short-term sales, however, within the frames of range movement for this week. Therefore, at this point, we can assume probability of another rate return to close 1,2840/60 resistance levels, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term sales, on condition of the formation of topping signals the targets will be 1,2780/1,2800, 1,2720/40 and (or) further break-out variant up to 1,2660/80, 1,2600/20. The alternative for buyers will be above 1,2940 with the targets of 1,2980/1,3000, 1,3040/60, 1,3100/20.

Technical analysis on majors

[alessio]

EUR/USD

The pre-planned short positions from key resistance range levels have been implemented with attainment of the anticipated target. OsMA trend indicator, having marked general rise of both party activity, with no clear planning preference, adds to risk of sharp priority shift in favor of either party. Under these circumstances, considering preserved bearish sign of indicator chart, we can assume probability of retest of this week`s Low at 1,2740/60 levels, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term buying positions, on condition of the formation of topping signals the targets will be 1,2800/20, 1,2860/80, 1,2920/40 and (or) further break-out variant up to 1,2980/1,3000, 1,3040/60, 1,3100/20. The alternative for sales will be below 1,2700 with the targets of 1,2640/60, 1,2580/1,2600, 1,2520/40.

Technical analysis on majors