Hallo!
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We would like to propose you an example of our technical analyses that could help you to understand better the situation on currency market:
EUR/USD
The estimated test of key supports has not exactly been confirmed but the tendency of activity fall of both parties marked by OsMA trend indicator gives grounds to preserve trading plans made before almost intact. Namely, we can assume probability of testing of Senkou Span B line of Ichimoku indicator at 1,4820/40 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 buying positions on condition of the formation of topping signals the targets will be 1,4880/1,14900, 1,4960/1,5000 and (or) further break-out variant up to 1,5040/60, 1,5120/40, 1,5200/40. The alternative for sales will be below 1,4760 with the targets of 1,4700/20, 1,4640/60.
GBP/USD
The pre-planned short-term long positions were implemented with of overlap of minimal estimated target. OsMA trend indicator having marked preservation of bearish sign of indicator chart on relatively high level gives grounds for further rate correction period favouring to planning of long positions for today. On the assumption of it, we can assume probability of another test of close 1,6240/60 supports 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 buying positions on condition of formation of topping signals the targets will be 1,6300/20, 1,5380/1,6420 and (or) further break-out variant up to 1,6460/80, 1,6540/60, 1,6680/1,6720. The alternative for sales will be below 1,6180 with the targets of 1,6100/20, 1,6040/60, 1,5980/1,6000.
Don’t Miss Any Changes on the Forex Market with our Analyses!!!
We are glad to represent you our site:
http://forexltd.co.uk/
Here you can find everything that you need to earn money on Forex!!
We would like to propose you an example of our technical analyses that could help you to understand better the situation on currency market:
EUR/USD
The estimated test of key supports has not exactly been confirmed but the tendency of activity fall of both parties marked by OsMA trend indicator gives grounds to preserve trading plans made before almost intact. Namely, we can assume probability of testing of Senkou Span B line of Ichimoku indicator at 1,4820/40 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 buying positions on condition of the formation of topping signals the targets will be 1,4880/1,14900, 1,4960/1,5000 and (or) further break-out variant up to 1,5040/60, 1,5120/40, 1,5200/40. The alternative for sales will be below 1,4760 with the targets of 1,4700/20, 1,4640/60.
GBP/USD
The pre-planned short-term long positions were implemented with of overlap of minimal estimated target. OsMA trend indicator having marked preservation of bearish sign of indicator chart on relatively high level gives grounds for further rate correction period favouring to planning of long positions for today. On the assumption of it, we can assume probability of another test of close 1,6240/60 supports 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 buying positions on condition of formation of topping signals the targets will be 1,6300/20, 1,5380/1,6420 and (or) further break-out variant up to 1,6460/80, 1,6540/60, 1,6680/1,6720. The alternative for sales will be below 1,6180 with the targets of 1,6100/20, 1,6040/60, 1,5980/1,6000.
Don’t Miss Any Changes on the Forex Market with our Analyses!!!
