CHF
The pre-planned buyers’ positions from the key support range have been realized with attainment of main assumed targets. Further realization of breakout variant for sales did not have any positive result within previous trading day but the relative rise of bearish activity at the break of key supports revealed by OsMA indicator is an argument to preserve short positions for further rate fall. At present taking into account the ascending direction of indicator chart, we assume a possibility of pair return to the nearest resistance range 1.0410/20, where is it 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 1.0350/70 and/or further breakout variant up to 1.0290/1.0310, 1.0220/40. An alternative for buyers will be above 1.0440 with the targets 1.0480/1.0500, 1.0520/40.



GBP
The assumed test of the key resistance range has been confirmed but relatively high level of bullish activity revealed by OsMA indicator did not dispose to realization of the pre-planned short positions. At present taking into account the features of bullish incompletion with further rate correction, we assume a possibility of pair return to supports 1.9520/40, where it is recommended to evaluate the activity development according to the charts of shorter time interval. For short-term buyers’ positions on condition of formation of topping signals the targets will be 1.9580/1.9600, 1.9620/40 and/or further breakout variant up to 1.9680/1.9700, 1.9720/40. An alternative for sales will be below 1.9460 with the targets 1.9400/20, 1.9360/80.



JPY
The assumed pair return to key supports for realization of the pre-planned buyers’ positions has not been confirmed and the expected rate rise with a break of boundary targeted levels did not reveal the confirmative advantage in development of any party. Hence as before, we assume a possibility of range movement of the rate with presumptions about possible test of supports 105.60/70, where it is recommended to evaluate the activity development according to the charts of shorter time interval. For short-term buyers’ positions on condition of formation of topping signals the targets will be 106.00/20, 106.40/60 and/or further breakout variant up to 107.00/20, 107.60/80, 108.00/20. An alternative for sales will be below 105.40 with the targets 104.80/105.00, 104.40/60.



EUR
The pre-planned breakout variant for buyers has been realized with attainment of minimal assumed target. OsMA trend indicator having marked the considerable rise of bullish activity does not leave the other alternative but attendant choice of planning priorities for today. Hence and because of descending direction of indicator chart, we assume a possibility of pair return to the nearest supports 1.5520/40, where it is recommended to evaluate the activity development according to the charts of shorter time interval. For buyers’ positions on condition of formation of topping signals the targets will be 1.5580/1.5600, 1.5620/40 and/or further breakout variant up to 1.5680/1.5700, 1.5740/60. An alternative for sales will be below 1.5480 with the targets 1.5420/40, 1.5360/80.



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With respect,
Alex Smith
Forex Ltd