Updated 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 targets. OsMA trend indicator, having marked break of key supports by strengthening of rate oversold, essentially reduces expectations of further rate fall. Nevertheless, considering ascending direction of indicator chart, we can assume probability of rate return to close border of Ichimoku cloud 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 sales, on condition of the formation of topping signals the targets will be 1,2680/1,2700, 1,2620/40, 1,2580/1,2600 and (or) further break-out variant up to 1,2520/40, 1,2460/80. The alternative for buyers will be above 1,2800 with the targets of 1,2840/60, 1,2900/20.

Technical anlysis on major currency pairs

[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 parity of both party activity as a result of the previous trading day, suggests further rate range movement with no clear signs regarding planning priorities for today. Therefore, considering descending direction of indicator chart, we can assume probability of rate return to 1,2660/80 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 1,2720/40, 1,2780/1,2800 and (or) further break-out variant up to 1,2840/60, 1,2900/20. The alternative for sales will be below 1,2580 with the targets of 1,2520/40, 1,2460/80.

Technical analysis on majors

[alessio]

EUR/USD

The pre-planned short-term buying positions from key supports have been implemented with overlap of minimal anticipated target. OsMA trend indicator, having marked fall in activity of both parties, suggests further rate range movement with no clear signs regarding choice of planning priorities for today. Therefore, at this point, considering ascending direction of indicator chart, we can assume probability of rate return to borders of Ichimoku cloud 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 sales, on condition of the formation of topping signals the targets will be 1,2680/1,2700, 1,2620/40, 1,2580/1,2600 and (or) further break-out variant up to 1,2520/40, 1,2460/80. The alternative for buyers will be above 1,2800 with the targets of 1,2840/60, 1,2900/20.

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 fall in sales activity, suggests preference of bullish direction in planning trading operations for today. Therefore, at this point, we can assume probability of rate return to close 1,2740/60 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 short-term buying positions, on condition of the formation of topping signals the targets will be 1,2800/20 and (or) further break-out variant up to 1,2860/80, 1,2920/40, 1,2980/1,3000. The alternative for sales will be below 1,2700 with the targets of 1,2640/60, 1,2580/1,2600.

Technical analysis on major currency pairs

[alessio]

EUR/USD

The pre-planned break-out variant for buyers has been implemented with overlap of minimal anticipated target. OsMA trend indicator, having marked sign of rate overbought, regarding no confirming strengthening of sales activity, suggests holding of bullish planning preference for today as well. Therefore, at this point, considering bearish sign of indicator chart, we can assume probability of rate return to close 1,2830/50 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 1,2890/1,2910 and (or) further break-out variant up to 1,2960/80, 1,3020/40, 1,3080/1,3100. The alternative for sales will be below 1,2760 with the targets of 1,2700/20, 1,2640/60, 1,2580/1,2600.

Technical analysis on majors

[alessio]

EUR/USD

The pre-planned buying positions form key supports have been implemented with attainment of minimal anticipated targets. OsMA trend indicator, having marked essential rise of bullish activity at break of key resistance range levels, suggests keeping bullish preference 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 1,2920/40 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 1,2980/1,3000, 1,3020/40 and (or) further break-out variant up to 1,3080/1,3100, 1,3140/60. The alternative for sales will be below 1,2820 with the targets of 1,2760/80, 1,2700/20.

Technical analysis on majors

[alessio]

EUR/USD

The estimated test of key supports for implementation of the pre-planned buying positions has not accurately been confirmed, however, fall in activity of both parties as a result of the previous trading day, suggests tiny correction of earlier designed trading plans. Namely, we can assume probability of rate return to close 1,2940/60 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 short-term buying positions, on condition of the formation of topping signals the targets will be 1,3000/40 and (or) further break-out variant up to 1,3080/1,3100, 1,3160/80. The alternative for sales will be below 1,2840 with the targets of 1,2780/1,2800.

Forex technical analysis on majors

[alessio]

EUR/USD

The pre-planned break-out variant for buyers has been implemented with overlap of minimal anticipated target. OsMA trend indicator, having marked fall in activity of both parties, considering current bullish trend, suggests preservation of upward direction for today. Therefore, at this point, we can assume probability of rate return to close 1,3080/1,3100, 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 and (or) further break-out variant up to 1,3200/20, 1,3260/80, 1,3320/40. The alternative for sales will be below 1,3040 with the targets of 1,2980/1,3000, 1,2920/40.

Technical analysis on majors

[alessio]

EUR/USD

The estimated test of key supports has been confirmed with condition for implementation of the pre-planned buying positions. OsMA trend indicator, having marked considering current bullish direction favors holding of open long positions with the targets of 1,3360/80, 1,3420/40 and (or) further break-out variant up to 1,3480/1,3500, 1,3540/60, 1,3600/20. The alternative for sales will be below 1,3240 with the targets of 1,3180/1,3200, 1,3120/40, 1,3060/80.

Forex technical analysis on majors

[alessio]

EUR/USD

The pre-planned buying positions form key supports have been implemented with attainment of basic anticipated targets. OsMA trend indicator, having marked high level of bullish activity, suggests keeping bullish priorities for today. Therefore, at this point, considering descending direction of indicator chart, we can assume probability of rate return to close 1,3530/50 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 1,3590/1,3620 and (or) further break-out variant up to 1,3660/80, 1,3720/40, 1,3780/1,3800. The alternative for sales will be below 1,3480 with the targets of 1,3420/40, 1,3360/80.

Technical analysis on majors