Forex forum Forexforum.net Forex news Forex forum
Forex tutorial Forex brokers Contact us
 
TOP OF THE FORUM  

Go Back   Forex Forum > ForexForum.NET - The Worlds leading Forex Forum > ***Trade of the day
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read



Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 02-20-2008, 01:59 AM
analytic analytic is offline
Member
 
Join Date: Nov 2007
Posts: 47
Default Trading Forecast

CHF
The assumed pair return to the channel line “1” has been confirmed but further events with relatively high level of bearish development did not dispose to the pre-planned realization of buyers’ positions. OsMA trend indicator having generally marked the activity parity of both parties but with a temporal advantage of bearish party gives grounds to choose planning priorities in favor of sales. At present taking into account the bullish character of indicator chart, we assume a possibility of pair return to the range of 1.0965/1.0985, 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 1.0920/30, 1.0870/90 and/or further breakout variant up to 1.0810/30, 1.0740/60. An alternative for buyers will be above 1.1030 with the targets 1.0070/90, 1.0110/30.



GBP
Pair movement within the tight price range with a relatively low activity of both parties did not promote to realization of earlier composed trading plans. As a result according to the damp of parties’ activity earlier composed trading plans with insignificant corrections are leaving without changes. And we assume a possibility of further rate correction period with attainment of key resistance range 1.9530/50, where it is recommended to evaluate the activity development according to the charts of shorter time interval. For sales on condition of formation of topping signals the targets will be 1.9460/80 and/or further breakout variant below 1.9440 with the targets 1.9380/1.9400, 1.9320/40. An alternative for buyers will be above 1.9600 with the targets 1.9640/60, 1.9700/20, 1.9760/80.



JPY
The assumed attainment of key supports has been confirmed but the progress of bearish activity revealed by OsMA indicator did not dispose to immediate realization of earlier composed trading plans concerning buyers’ positions. At present taking into account general activity parity of both parties but with a preservation of bearish advantage, we assume a possibility of another test of supports 107.40/50, 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 107.90/108.10 and/or further further breakout variant up to 108.50/70. An alternative for sales will be below 107.20 with the targets 106.60/80, 106.00/20, 105.60/80.



EUR
Earlier opened long positions have attained the main calculated target. OsMA trend indicator having marked the considerable rise of bullish activity continues to support bullish planning priorities for today. At present taking into account the descending direction of indicator chart, we assume a possibility of pair return to the channel line “1” into the support range 1.4680/90, 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 1.4720/30,1.4770/80 and/or further breakout variant up to 1.4820/40, 1.4880/1.4900, 1.4920/40. An alternative for sales will be below 1.4640 with the targets 1.4580/1.4600, 1.4520/40.



Here You may also find current Wave and Fundamental Analyses

With respect,
analytic
Forex Ltd
Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -8. The time now is 07:34 AM.






forex software - forex - forum forex- annuaire forex - forex
Forex news - Forex calendar - Forex forum - Forex tutorial - Forex glossary - Forex brokers - Forex books - Forex links