Expecting Another Test of High in EUR/USD

By @ibtimes on

CHF

Low activity of both parties, marked by OsMA trend indicator yesterday, disposed neither to perform of our trading plans, not to change them for today. Thus, as earlier, we assume a possibility of retreat to the nearest supports at 0,9240/50, where it is recommended to evaluate activity development on the charts with smaller time frame. For short-term long positions, on condition of formation of topping signals, the targets will be 0,9280/90, 0,9310/20 and/or further breakout variant up to 0,9350/60, 0,9390/0,9400. Alternative for sales will be below 0,9200 targeting 0,9160/70, 0,9120/30, 0,9180/90.

GBP

The assumed retreat of the rate to the key supports has been confirmed with conditions for realization of the planned long positions. OsMA trend indicator, having marked low level of bears, «supports» preservation of open long positions targeting 1,6280/1,6300, 1,6340/60 and/or further breakout variant up to 1,6400/20, 1,6460/80. Alternative for sales will be below 1,6140 targeting 1,6080/1,6100, 1,6020/40.

JPY

The assumed return of the rate to the key supports has been confirmed with conditions for realization of the planned long positions. OsMA trend indicator, having marked activity parity of both parties on the background of its ascending direction «supports» preservation of open long positions targeting 82,30/40, 82,60/70 and/or further breakout variant up to 83,00/10, 83,40/50. Alternative for sales will be below 81,50 targeting 81,10/20, 80,70/80.

EUR

The assumed retreat of the rate to the key supports has been confirmed with conditions for realization of planned long positions. OsMA trend indicator, being in upside trend, «supports» preservation of long positions targeting 1,3820/40, 1,3880/1,3900 and/or further breakout variant up to 1,3940/60, 1,4000/20. Alternative for sales will be below 1,3660 targeting 1,3600/20, 1,3540/60.

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