CHF
The pre-planned breakout variant for buyers has been realized with attainment of minimal assumed target. OsMA trend indicator having marked the high level of bullish activity continues to support the corresponding choice of planning priorities for today. At present taking into account bearish position of indicator chart, we assume a possibility of pair return to the nearest supports 1.0430/40, 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 1.0470/80, 1.0500/20 and/or further breakout variant up to 1.0540/60, 1.0580/1.0600. An alternative for sells will be below 1.0390 with the targets 1.0330/50, 1.0290/1.0310.



GBP
The pre-planned short positions have been realized but without attainment of minimal assumed target. OsMA trend indicator having marked the relative rise of bearish activity assumes a possibility of further attempt to test channel line “1” but after a period of rate correction for which the key resistance range will be 1.9680/1.9700, where it is recommended to evaluate the activity development according to the charts of shorter time interval. For short-term sells on condition of formation of topping signals the targets will be 1.9620/40, 1.9570/90 and/or further breakout variant up to 1.9510/30, 1.9460/80, 1.9400/20. An alternative for buyers will be above 1.9740 with the targets 1.9780/1.9800, 1.9840/60.



JPY
The assumed test of the key resistance range has been confirmed but the relative rise of bullish activity revealed by OsMA indicator did not dispose to immediate realization of the pre-planned short positions. At present having contradictions between the features of formation of reversal bearish signal and existent advantage of buyers’ activity we do not have a ground to make a firm choice of planning priorities. Hence and because of chosen strategy we assume a possibility of range movement of the rate with a test of the nearest supports 107.80/90, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term buyers’ positions on condition of formation of topping signals the targets will be 108.20/40, 108.60/80 and/or further breakout variant up to 109.20/40, 109.80/110.00. An alternative for sells will be below 107.50 with the targets 107.00/20, 106.60/80.



EUR
The pre-planned breakout variant for sells has been realized but without attainment of minimal assumed target within previous trading day. OsMA trend indicator having marked the considerably high level of revealed bearish activity at the break of key supports “supports” the perspective of preservation of opened short positions for today. At present taking into account bullish character of indicator chart, we assume a possibility of further rate correction with a retest of the nearest resistance range 1.5520/30, where it is recommended to evaluate the activity development according to the charts of shorter time interval. For short-term sells on condition of formation of topping signals the targets will be 1.5480/90, 1.5440/60 and/or further breakout variant up to 1.5380/1.5400, 1.5320/40, 1.5280/1.5300. An alternative for buyers will be above 1.5600 with the targets 1.5640/60, 1.5680/1.5700.



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With respect,
Alex Smith