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We are glad to represent you our new analysis.
EUR/USD
The estimated test of key resistance range levels has not been confirmed, but the estimated further rate fall marked signs of rate oversold as a negative factor concerning the perspectives of the achievement of estimated targets for further opening of sales positions for the implementation of break-out variant. OsMA trend indicator, having marked relative bullish activity rise, gives grounds to suppose further rate correction period within the case of descending trading channel, whose key resistance range levels will be 1,4160/80 where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of shorter time interval. As for short-term sales on condition of formation of topping signals the targets will be 1,4100/20, 1,4040/60, 1,3980/1,4000 and (or) further break-out variant up to 1,3920/40, 1,3840/60. The alternative variant for buyers will be above 1,4260 with the targets of 1,4300/20, 1,4380/1,4420.
USD/JPY
The estimated test of key resistance range levels has been confirmed but at the moment after relative buyers activity rise in accordance to the chosen strategy there are no grounds for opening of short positions. Evaluating the current situation, as the absence of planning priorities with probability of rate range movement we can assume the attainment of close 95,20/40 resistance range levels where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of shorter time interval. As for short-term sales on condition of formation of topping signals the targets will be 94,60/80, 94,00/20, 93,60/80 and (or) further break-out variant up to 93,00/20, 92,40/60, 91,80/92,00. The alternative for buyers will be above 96,00 with the targets of 96,40/60, 97,00/20, 97,60/80.
http://www.forexltd.co.uk/analytic/forecast
Don’t Miss Any Changes on the Forex Market with our Analyses!!!
We are glad to represent you our new analysis.
EUR/USD
The estimated test of key resistance range levels has not been confirmed, but the estimated further rate fall marked signs of rate oversold as a negative factor concerning the perspectives of the achievement of estimated targets for further opening of sales positions for the implementation of break-out variant. OsMA trend indicator, having marked relative bullish activity rise, gives grounds to suppose further rate correction period within the case of descending trading channel, whose key resistance range levels will be 1,4160/80 where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of shorter time interval. As for short-term sales on condition of formation of topping signals the targets will be 1,4100/20, 1,4040/60, 1,3980/1,4000 and (or) further break-out variant up to 1,3920/40, 1,3840/60. The alternative variant for buyers will be above 1,4260 with the targets of 1,4300/20, 1,4380/1,4420.
USD/JPY
The estimated test of key resistance range levels has been confirmed but at the moment after relative buyers activity rise in accordance to the chosen strategy there are no grounds for opening of short positions. Evaluating the current situation, as the absence of planning priorities with probability of rate range movement we can assume the attainment of close 95,20/40 resistance range levels where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of shorter time interval. As for short-term sales on condition of formation of topping signals the targets will be 94,60/80, 94,00/20, 93,60/80 and (or) further break-out variant up to 93,00/20, 92,40/60, 91,80/92,00. The alternative for buyers will be above 96,00 with the targets of 96,40/60, 97,00/20, 97,60/80.
http://www.forexltd.co.uk/analytic/forecast
Don’t Miss Any Changes on the Forex Market with our Analyses!!!