CHF

The pre-planned break-out variant for sales has been implemented, but with loss in attainment of minimal anticipated target. OsMA trend indicator, having marked sign of rate oversold adds to risks regarding prospects of holding of earlier opened positions. Therefore, considering suppositions of probable rate range movement and taking into account current bullish direction of indicator chart, we can assume probability of rate return to close 1,0720/40 resistance range levels, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term sales, on condition of the formation of topping signals the targets will be 1,0640/60 and (or) further break-out variant up to 1,0580/1,0600, 1,0520/40. The alternative for buyers will be above 1,0820 with the targets of 1,0860/80, 1,0620/40.

GBP

The estimated test of key resistance range levels has been confirmed with conditions for implementation of the pre-planned short positions. At this point, considering current descending direction of indicator chart, after formation of bearish reversal sign, considering the chosen strategy, there are some grounds for holding open short positions with the targets of 1,5000/40, 1,4940/60 and (or) further break-out variant up to 1,4860/80, 1,4780/1,4800. The alternative for buyers will be above 1,5210 with the targets of 1,5260/80, 1,5320/40, 1,5380/1,5400.

JPY

The estimated test of key resistance range levels for implementation of the pre-planned short positions has not accurately been confirmed, anticipated rate decline marked a sign of rate oversold not favoring essential rate decline for implementation of the pre-planned break-out variant for sales. Therefore, at this point, in order to reduce trading risks we can assume probability of rate range movement with return to 88,40/60 levels, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term sales, on condition of the formation of topping signals the targets will be 87,80/88,00 and (or) further break-out variant up to 87,20/40, 86,60/80. The alternative for buyers will be above 89,00 with the targets of 89,40/60, 90,00/20.

EUR

Opened and held sort positions have had a positive result in attainment of minimal anticipated targets. OsMA trend indicator, having marked break of key resistance range levels by low level of bullish activity, does not clarify the choice of planning priorities for today. Therefore, considering suppositions of rate range movement and taking into account descending direction of indicator chart, we can assume probability of rate return to close 1,3620/40 supports, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term buying positions, on condition of the formation of topping signals the targets will be 1,3700/40 and (or) further break-out variant up to 1,3780/1,3800, 1,3840/60. The alternative for sales will be below 1,3540 with the targets of 1,3480/1,3500, 1,3420/40.