CHF
The pre-planned buying positions from the key support range have been realized with attainment of minimal assumed target. OsMA trend indicator having marked the progress of bearish activity gives grounds to presume a possible range movement of the rate in a short-term future within the activity parity of the parties. Taking into account this fact as well as the feature of incompletion of bearish development, we assume the pair return to the nearest resistance range of 1.1760/80, where it is recommended to evaluate the activity development according to the charts of shorter time interval. For short-term sales on condition of formation of topping signals the targets will be 1.1700/20 and/or further breakout variant up to 1.1640/60, 1.1600/20. An alternative for buyers will be above 1.1820 with the targets 1.1860/80, 1.1900/20.



GBP
The pre-planned breakout variant for buyers has been realized and the revealed considerable rise of bullish activity after considerably long low activity of the parties that gives grounds to choose buying planning priorities for today. Hence and because of descending direction of indicator chart, we assume a possibility of pair return to the nearest supports 2.0350/70, where it is recommended to evaluate the activity development according to the charts of shorter time interval. For buys on condition of formation of topping signals the targets will be 2.0410/30 and/or further breakout variant up to 2.0470/90, 2.0540/60, 2.0600/20. An alternative for sales will be below 2.0270 with the targets 2.0210/30, 2.0140/60.



JPY
The assumed test of the key support range has not been confirmed but the low level of buying activity revealed by OsMA indicator with the reduction of sales’ activity preserves the actuality of composed trading plans for today. We assume a possibility of pair return to the key line “2” into support range 115.90/116.10, where it is recommended to evaluate the activity development according to the charts of shorter time interval. For short-term buys on condition of formation of topping signals the targets will be 116.50/70, 117.10/30 and/or further breakout variant up to 117.70/90, 118.10/30. An alternative for sales will be below 115.80 with the targets 115.30/50, 114.90/115.10.



EUR
The pre-planned sales from the key resistance range have been realized with attainment of main assumed target. The consequent events after the renewal of intraday minimum at the breakout of intraday maximum OsMA trend indicator did not reveal the clearness of buying activity rise that gives grounds to preserve bearish planning priorities for today. Hence and because of the logical incompletion of bullish development, we assume a possibility of test of resistance levels 1.4170/90, where it is recommended to evaluate the activity development according to the charts of shorter time interval. For short-term sales on condition of formation of topping signals the targets will be 1.4110/30, 1.4060/80 and/or further breakout variant up to 1.4000/20, 1.3960/80, 1.3900/20. An alternative for buyers will be above 1.4200 with the targets 1.4250/70, 1.4300/20, 1.4360/80.


With respect,
Alex Smith
Forex Ltd