Updated Technical Analysis on Majors

[alessio]

EUR/USD

The estimated test of key supports has been confirmed with conditions for implementation of the pre-planned buying positions. OsMA trend indicator, having marked preserved priority of bullish party, favors holding of earlier opened long positions with the targets of 1,3690/1,3710, 1,3750/70, 1,3800/20 and (or) further break-out variant up to 1,3860/80, 1,3920/40, 1,3980/1,4000. The alternative for sales will be below 1,3560 with the targets of 1,3500/20, 1,3440/60.

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[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 close parity of both party activity, does not clarify the choice of planning priorities for today. Therefore, considering suppositions of rate range movement and taking into account descending direction of indicator chart, we can assume probability of rate return to 1,3540/60 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 1,3600/20, 1,3660/80, 1,3740/60 and (or) further break-out variant up to 1,3800/20, 1,3860/80. The alternative for sales will be below 1,3440 with the target of 1,3380/1,3400, 1,3320/40.

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[alessio]

EUR/USD

The pre-planned long positions from key supports have been implemented with attainment of basic anticipated targets. OsMA trend indicator, having marked strengthening of bullish activity, suggests preference of sales in planning trading operations for today. Therefore, at this point, considering descending direction of indicator chart, we can assume probability of rate return to channel support 1 at 1,3600/20, 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 1,3660/80, 1,3740/60 and (or) further break-out variant up to 1,3800/20, 1,3860/80. The alternative for sales will be below 1,3540 with the targets of 1,3480/1,3500, 1,3420/40.

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[alessio]

EUR/USD

The estimated test of key supports has not accurately been confirmed, the estimated rate rise revealed signs of rate overbought not favoring prospects of further rate rise with new tops for this month. Therefore, at this point, considering the chosen strategy, we can assume probability of rate return to Senkou Span B line of Ichimoku indicator at 1,3640/60, 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 1,3700/20, 1,3740/60 and (or) further break-out variant up to 1,3800/20, 1,3860/80. The alternative for sales will be below 1,3540 with the targets of 1,3480/1,3500, 1,3420/40.

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[alessio]

EUR/USD

The pre-planned break-out variant for buyers has been implemented, but with loss in attainment of several points in attainment of minimal anticipated target. OsMA trend indicator, having marked high level of bullish activity at break of key resistance range levels, suggests preference of bullish direction in planning trading operations for today. At this point, considering descending direction of indicator chart, we can assume probability of rate return to close 1,3700/20 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 1,3760/80, 1,3800/20 and (or) further break-out variant up to 1,3860/80, 1,3920/40, 1,3980/1,4020. The alternative for sales will be below 1,3660 with the targets of 1,3600/20, 1,3540/60.

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[alessio]

EUR/USD

The pre-planned break-out variant for sales has been implemented, but with loss in attainment of anticipated targets. OsMA trend indicator, having marked relatively high level of bearish activity at break of key supports, suggests at least incompleteness of rate decline period and, therefore, suggests preference of bearish direction in planning trading operations for today. Hence and considering ascending direction of indicator chart, we can assume probability of rate return to close 1,3710/30 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 1,3650/70, 1,3600/20 and (or) further break-out variant up to 1,3540/60, 1,3480/1,350. The alternative for buyers will be above 1,3800 with the targets of 1,3840/60, 1,4000/20.

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[alessio]

EUR/USD

The estimated test of key resistance range levels has been confirmed, but relative rise of bullish activity, marked by OsMA trend indicator, did not favor implementation of the pre-planned short positions. At this point, considering general parity of both parties as sign of probable rate range movement, we can assume probability of rate return to border of Ichimoku cloud at 1,3720/40 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 1,3780/1,3800 and (or) further break-out variant up to 1,3840/60, 1,4000/20. The alternative for sales will be below 1,3660 with the targets of 1,3600/20, 1,3540/60.

[alessio]

EUR/USD

The pre-planned long positions from key supports have been implemented, however, with loss in of several points in attainment of minimal anticipated target. OsMA trend indicator, having marked generally preserved priority of bullish party, considering the chosen strategy, suggests preference of buying in planning trading operations for today. Hence and considering preserved bearish sign of indicator chart, we can assume probability of retest of Senkou Span B line in Ichimoku indicator at 1,3660/80 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 1,3720/40 and (or) further break-out variant up to 1,3780/1,3800, 1,3840/60, 1,3900/20. The alternative for sales will be below 1,3600 with the targets of 1,3540/60, 1,3460/80.

[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 fall in activity of both parties, does not clarify the choice of planning priorities for today. Therefore, considering the chosen strategy, we can assume probability of rate return to Senkou Span B line in Ichimoku indicator at 1,3640/60 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 1,3580/1,3600 and (or) further break-out variant up to 1,3520/40, 1,3440/60. The alternative for buyers will be above 1,3740 with the targets of 1,3780/1,3800, 1,3840/60.

[alessio]

EUR/USD

The pre-planned break-out variant for sales has been implemented with overlap of minimal anticipated target. OsMA trend indicator, having marked preserved priority of bearish party, suggests preference of short positions in planning trading operations for today. Therefore, at this point, considering sign of rate correction incompleteness, we can assume probability of rate return to close 1,3560/80 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 1,3500/20, 1,3440/60 and (or) further break-out variant up to 1,3380/1,3400, 1,3320/40, 1,3260/80. The alternative for buyers will be above 1,3640 with the targets of 1,3680/1,3700, 1,3740/60, 1,3800/20.

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