Updated Analysis on Majors

[alessio09]

Parity between Bearish and Bullish Forces in Euro

EUR/USD

The estimated test of key supports has been confirmed with conditions for implementation of the pre-planned buying positions. OsMA trend indicator, having marked preserved priority of bullish party, favors holding of earlier opened long positions with the targets of 1,3690/1,3710, 1,3750/70, 1,3800/20 and (or) further break-out variant up to 1,3860/80, 1,3920/40, 1,3980/1,4000. The alternative for sales will be below 1,3560 with the targets of 1,3500/20, 1,3440/60.

 

[alessio09]

Balance in Euro to Hold

EUR/USD

The pre-planned long positions from key supports have been implemented with attainment of basic anticipated targets. OsMA trend indicator, having marked strengthening of bullish activity, suggests preference of sales in planning trading operations for today. Therefore, at this point, considering descending direction of indicator chart, we can assume probability of rate return to channel support 1 at 1,3600/20, 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 1,3660/80, 1,3740/60 and (or) further break-out variant up to 1,3800/20, 1,3860/80. The alternative for sales will be below 1,3540 with the targets of 1,3480/1,3500, 1,3420/40.

 

[alessio09]

Sideway Trading in Euro

EUR/USD

The estimated test of key supports has not accurately been confirmed, the estimated rate rise revealed signs of rate overbought not favoring prospects of further rate rise with new tops for this month. Therefore, at this point, considering the chosen strategy, we can assume probability of rate return to Senkou Span B line of Ichimoku indicator at 1,3640/60, 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 1,3700/20, 1,3740/60 and (or) further break-out variant up to 1,3800/20, 1,3860/80. The alternative for sales will be below 1,3540 with the targets of 1,3480/1,3500, 1,3420/40.

 

[alessio09]

Expecting Bullish Break in Euro

EUR/USD

The pre-planned break-out variant for buyers has been implemented, but with loss in attainment of several points in attainment of minimal anticipated target. OsMA trend indicator, having marked high level of bullish activity at break of key resistance range levels, suggests preference of bullish direction in planning trading operations for today. At this point, considering descending direction of indicator chart, we can assume probability of rate return to close 1,3700/20 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 1,3760/80, 1,3800/20 and (or) further break-out variant up to 1,3860/80, 1,3920/40, 1,3980/1,4020. The alternative for sales will be below 1,3660 with the targets of 1,3600/20, 1,3540/60.

 

[alessio09]

Balance in Euro Preserved

EUR/USD

The pre-planned break-out variant for sales has been implemented, but with loss in attainment of anticipated targets. OsMA trend indicator, having marked relatively high level of bearish activity at break of key supports, suggests at least incompleteness of rate decline period and, therefore, suggests preference of bearish direction in planning trading operations for today. Hence and considering ascending direction of indicator chart, we can assume probability of rate return to close 1,3710/30 resistance 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 sales, on condition of the formation of topping signals the targets will be 1,3650/70, 1,3600/20 and (or) further break-out variant up to 1,3540/60, 1,3480/1,350. The alternative for buyers will be above 1,3800 with the targets of 1,3840/60, 1,4000/20.

 

[alessio09]

Break in Euro Becomes Possible

EUR/USD

The estimated test of key resistance range levels has been confirmed, but relative rise of bullish activity, marked by OsMA trend indicator, did not favor implementation of the pre-planned short positions. At this point, considering general parity of both parties as sign of probable rate range movement, we can assume probability of rate return to border of Ichimoku cloud at 1,3720/40 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 buying positions, on condition of the formation of topping signals the targets will be 1,3780/1,3800 and (or) further break-out variant up to 1,3840/60, 1,4000/20. The alternative for sales will be below 1,3660 with the targets of 1,3600/20, 1,3540/60.

 

[alessio09]

Sideway Trading in Euro to Continue

EUR/USD

The pre-planned long positions from key supports have been implemented, however, with loss in of several points in attainment of minimal anticipated target. OsMA trend indicator, having marked generally preserved priority of bullish party, considering the chosen strategy, suggests preference of buying in planning trading operations for today. Hence and considering preserved bearish sign of indicator chart, we can assume probability of retest of Senkou Span B line in Ichimoku indicator at 1,3660/80 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 buying positions, on condition of the formation of topping signals the targets will be 1,3720/40 and (or) further break-out variant up to 1,3780/1,3800, 1,3840/60, 1,3900/20. The alternative for sales will be below 1,3600 with the targets of 1,3540/60, 1,3460/80.

 

[alessio09]

Euro Stays in March Mid-Range

EUR/USD

The pre-planned break-out variant for sales has been implemented, but with loss in attainment of the anticipated targets. OsMA trend indicator, having marked fall in activity of both parties, does not clarify the choice of planning priorities for today. Therefore, considering the chosen strategy, we can assume probability of rate return to Senkou Span B line in Ichimoku indicator at 1,3640/60 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 1,3580/1,3600 and (or) further break-out variant up to 1,3520/40, 1,3440/60. The alternative for buyers will be above 1,3740 with the targets of 1,3780/1,3800, 1,3840/60.

 

[alessio09]

Euro Met Strong Support

EUR/USD

The pre-planned break-out variant for sales has been implemented with overlap of minimal anticipated target. OsMA trend indicator, having marked preserved priority of bearish party, suggests preference of short positions in planning trading operations for today. Therefore, at this point, considering sign of rate correction incompleteness, we can assume probability of rate return to close 1,3560/80 resistance 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 1,3500/20, 1,3440/60 and (or) further break-out variant up to 1,3380/1,3400, 1,3320/40, 1,3260/80. The alternative for buyers will be above 1,3640 with the targets of 1,3680/1,3700, 1,3740/60, 1,3800/20.

 

[alessio09]

Oversold in Euro before Reversal

EUR/USD

The estimated test of key resistance range levels has been confirmed, but strengthening of buying activity, marked by OsMA trend indicator, did not favor implementation of the pre-planned short positions. At this point, considering priority of bullish party and descending direction of indicator chart, we can assume probability of rate return to close 1,3480/1,3500 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 1,3540/60, 1,3620/40 and (or) further break-out variant up to 1,3680/1,3700, 1,3740/60, 1,3800/20. The alternative for sales will be below 1,3440 with the targets of 1,3380/1,3400, 1,3320/40, 1,3260/80.

 

[alessio09]

Bearish Break in Euro Sustained

EUR/USD

The pre-planned break-out variant for sales has been implemented with attainment of minimal anticipated targets. OsMA trend indicator, having marked break of key supports by relative rise of sales activity, suggests holding of open short positions with the targets of 1,3320/40 and (or) further break-out variant up to 1,3260/80, 1,3200/20, 1,3140/60. The alternative for buyers will be above 1,3520 with the targets of 1,3560/80, 1,3620/40.

 

[alessio09]

Bearish Trend in Euro Resumes

EUR/USD

The earlier opened and held short positions had a positive result in attainment of basic anticipated targets. OsMA trend indicator, having marked high level of sales activity as a result of the previous trading day, suggests preference of choosing bearish direction in planning trading operations for today. Hence, we can assume probability of rate return to close 1,3340/60 resistance 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 sales, on condition of the formation of topping signals the targets will be 1,3280/1,3300 and (or) further break-out variant up to 1,3220/40, 1,3160/80, 1,3100/20. The alternative for buyers will be above 1,3440 with the targets of 1,3480/1,3500, 1,3540/60.

 

[alessio09]

Euro Oversold

EUR/USD

The pre-planned short positions from key resistance range levels have been implemented with attainment of basic and minimal anticipated target. OsMA trend indicator, having marked sign of rate oversold on relative strengthening of bullish activity, does not clarify the choice of planning priorities for today. Therefore, considering suppositions of further rate range movement, we can assume probability of rate return to channel line 1 at 1,3360/80 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 1,3300/20, 1,3260/80 and (or) further break-out variant up to 1,3200/20, 1,3140/60. The alternative for buyers will be above 1,3460 with the targets of 1,3500/20, 1,3560/80.

 

[alessio09]

Bearish Potential in Euro Weakened

EUR/USD

The estimated test of key resistance range levels has been confirmed, but relatively high level of bullish activity, marked by OsMA trend indicator, did not favor implementation of the pre-planned short positions. Therefore, at this point, considering short-term component of bearish activity, we can assume probability of rate return to close 1,3360/80 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 1,3440/60, 1,3500/20 and (or) further break-out variant up to 1,3560/80, 1,3620/40. The alternative for sales will be below 1,3320 with the targets of 1,3260/80, 1,3200/20.

 

[alessio09]

Bearish Momentum in Euro Resumed

EUR/USD

The pre-planned break-out variant for buyers has been implemented, but with loss in attainment of the anticipated targets. OsMA trend indicator, having marked this week`s top by formation of bearish reversal sign with further rise of bearish activity, considering the chosen strategy, suggests preference of choosing sales in planning trading operations for today. Hence and considering ascending direction of indicator chart, we can assume probability of rate return to close 1,3440/60 resistance 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 sales, on condition of the formation of topping signals the targets will be 1,3380/1,3400, 1,3320/40 and (or) further break-out variant up to 1,3260/80, 1,3200/20. The alternative for buyers will be above 1,3540 with the targets of 1,3580/1,3600, 1,3620/40.

 

[alessio09]

Bulls in Euro Pare Losses

EUR/USD

The pre-planned short positions from key resistance range levels have been implemented with attainment of minimal anticipated target. OsMA trend indicator, having marked further break of key resistance range levels by rising bullish activity, favors holding open long positions for today. At this point, considering short-term component of bearish cycle incompleteness, we can assume probability of rate return to close 1,3460/80 support 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 buying positions, on condition of the formation of topping signals the targets will be 1,3520/40, 1,3580/1,3600 and (or) further break-out variant up to 1,3640/60, 1,3700/20. The alternative for sales will be below 1,3380 with the targets of 1,3320/40, 1,3260/80.

 

[alessio09]

Bullish Potential in Euro Continues

EUR/USD

The pre-planned buying positions from key supports have been implemented with attainment of basic anticipated targets. OsMA trend indicator, regardless of sign of rate overbought, considering generally preserved priority of bullish party, suggests preservation of preference of buying planning for today. Therefore, at this point, considering descending direction of indicator chart, we can assume probability of rate return to close 1,3530/50 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 1,3590/1,3610 and (or) further break-out variant up to 1,3650/70, 1,3720/40, 1,3780/1,3800. The alternative for sales will be below 1,3460 with the targets of 1,3400/20, 1,3340/60.

 

[alessio09]

Bearish Priority in Euro

EUR/USD

The pre-planned short positions from key resistance range levels have been implemented with attainment of basic anticipated targets. OsMA trend indicator, having marked sign of rate oversold considering priority of bearish party activity, suggests probable rate correction period, however, with preference of sales in planning trading operations for today. Hence, we can assume probability of rate return to close 1,3460/80 resistance 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 1,3400/20, 1,3360/80 and (or) further break-out variant up to 1,3300/20, 1,3260/80. The alternative for buyers will be above 1,3540 with the targets of 1,3580/1,3600, 1,3640/60.

 

[alessio09]

Bulls and Bears Balanced in Euro

EUR/USD

The estimated test of key resistance range levels for implementation of the pre-planned short positions has not been confirmed, but the anticipated rate decline revealed only strengthening of rate oversold, a negative sign for implementation of break-our variant for sales. OsMA trend indicator, having marked parity of both party activity as a result of the previous trading day, does not clarify the choice of planning priorities for today. Therefore, considering suppositions of probable rate range movement, we can assume probability of rate return to close 1,3420/40 resistance 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 1,3360/80, 1,3300/20, 1,3260/80 and (or) further break-out variant up to 1,3200/20. The alternative for buyers will be above 1,3500 with the targets of 1,3540/60, 1,3600/20.

 

[alessio09]

Euro Oversold

EUR/USD

The estimated test of key resistance range levels for implementation of the pre-planned sales has not been confirmed, but anticipated rate decline revealed further fall in activity of both parties, reducing the level of clearness regarding choice of planning priority for today. Therefore, considering suppositions of rate range movement, we can assume probability of rate return to close 1,3360/80 resistance 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 1,3300/20, 1,3260/80 and (or) further break-out variant up to 1,3200/20, 1,3140/60, 1,3080/1,3100. The alternative for buyers will be above 1,3440 with the targets of 1,3480/1,3500 1,3540/60, 1,3600/20.