Parity of EUR/USD Bulls and Bears

By @ibtimes on

CHF

The planned short positions from the key resistance range have been realized and achievement of the assumed targets is supported by the existing bearish bias of OsMA trend indicator. Thus, according to the earlier made plans the targets for open short positions will be 0,9500/20 and/or further breakout variant up to 0,9440/60, 0,9380/0,9400. Alternative for buyers will be above 0,9620 targeting 0,9660/80, 0,9720/40, 0,9780/0,9800.

GBP

The planned long positions from the key supports have been realized with achievement of the minimum assumed targets. OsMA trend indicator, having marked a tendency of strengthening of bullish activity in general plan on the background of bearish activity decline, gives grounds to prefer planning long positions for today. Thus, as earlier, we assume a possibility of another return to supports at 1,6080/1,6100, 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 1,6140/60, 1,6200/20 and/or further breakout variant up to 1,6260/80, 1,6320/40. Alternative for sales will be below 1,6000 targeting 1,5940/60, 1,5880/1,5900, 1,5820/40.

JPY

The planned test of the key supports for realization of the planned long positions has been confirmed, but low activity of the parties as a result of the previous day according to OsMA trend indicator gives grounds to preserve earlier plans for today. Thus, we assume achievement of supports at 82,00/10, where it is recommended to evaluate activity development on the charts with smaller time frame. For long positions, on condition of formation of topping signals, the targets will be 82,40/50 and/or further breakout variant up to 82,80/90, 83,20/30, 83,60/70. Alternative for sales will be below 81,70 targeting 81,40/50, 81,00/10.

EUR

The planned long positions from the key supports have been realized with achievement of the minimum assumed target. OsMA trend indicator, having marked the result of previous day by parity of parties activity, gives grounds to assume perspectives of range movement of the rate without any certainty in relation to choice of priorities for today. Thus, presently, taking into account the ascending direction of the indicator chart, we assume a possibility of achievement of resistance levels at 1,3620/40, where it is recommended to evaluate activity development on the charts with smaller time frame. For short-term sales, on condition of formation of topping signals, the targets will be 1,3560/80, 1,3500/20 and/or further breakout variant up to 1,3440/60, 1,3380/1,3400. Alternative for buyers will be above 1,3720 targeting 1,3760/80, 1,3820/40.

Join the Discussion