Updated Analysis on Majors

[alessio09]

Bearish Momentum in Euro to Grow

EUR/USD

The anticipated rate return to key supports has been implemented, however, progress of bearish activity, marked by OsMA trend indicator, was not a positive sign for immediate implementation for the pre-planned buying positions. At this point, considering rate position above Ichimoku as favoring bullish party, and taking into account rise in bearish activity, as a sign of rate correction incompleteness, we can assume probability of rate return to 1,2760/80 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 1,2820/40, 1,2880/1,2920 and (or) further break-out variant up to 1,2960/80, 1,3020/40. The alternative for sales will be below 1,2700 with the targets of 1,2640/60, 1,2580/1,2600.

Technicala analysis on major currency pairs

 

[alessio09]

EUR/USD Oversold

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 break of key supports by strengthening of rate oversold, essentially reduces expectations of further rate fall. Nevertheless, considering ascending direction of indicator chart, we can assume probability of rate return to close border of Ichimoku cloud at 1,2740/60 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 1,2680/1,2700, 1,2620/40, 1,2580/1,2600 and (or) further break-out variant up to 1,2520/40, 1,2460/80. The alternative for buyers will be above 1,2800 with the targets of 1,2840/60, 1,2900/20.

Daily updated analysis on major currency pairs

 

[alessio09]

Bullish Momentum in Euro Is not Over

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 parity of both party activity as a result of the previous trading day, suggests further rate range movement with no clear signs regarding planning priorities for today. Therefore, considering descending direction of indicator chart, we can assume probability of rate return to 1,2660/80 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 1,2720/40, 1,2780/1,2800 and (or) further break-out variant up to 1,2840/60, 1,2900/20. The alternative for sales will be below 1,2580 with the targets of 1,2520/40, 1,2460/80.

Technical analysis on major currency pairs

 

[alessio09]

Short-term Sideway in EUR/USD

EUR/USD

The pre-planned short-term buying positions from key supports have been implemented with overlap of minimal anticipated target. OsMA trend indicator, having marked fall in activity of both parties, suggests further rate range movement with no clear signs regarding choice of planning priorities for today. Therefore, at this point, considering ascending direction of indicator chart, we can assume probability of rate return to borders of Ichimoku cloud at 1,2740/60 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 1,2680/1,2700, 1,2620/40, 1,2580/1,2600 and (or) further break-out variant up to 1,2520/40, 1,2460/80. The alternative for buyers will be above 1,2800 with the targets of 1,2840/60, 1,2900/20.

Technical analysis on majors

 

[alessio09]

Bullish Opening in EUR/USD

EUR/USD

The pre-planned short positions from key resistance range levels have been implemented with overlap of minimal anticipated target. OsMA trend indicator, having marked fall in sales activity, suggests preference of bullish direction in planning trading operations for today. Therefore, at this point, we can assume probability of rate return to close 1,2740/60 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 1,2800/20 and (or) further break-out variant up to 1,2860/80, 1,2920/40, 1,2980/1,3000. The alternative for sales will be below 1,2700 with the targets of 1,2640/60, 1,2580/1,2600.

Daily updated techniacal analysis on majors

 

[alessio09]

Expecting Further Rise in EUR/USD

EUR/USD

The pre-planned break-out variant for buyers has been implemented with overlap of minimal anticipated target. OsMA trend indicator, having marked sign of rate overbought, regarding no confirming strengthening of sales activity, suggests holding of bullish planning preference for today as well. Therefore, at this point, considering bearish sign of indicator chart, we can assume probability of rate return to close 1,2830/50 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 buying positions, on condition of the formation of topping signals the targets will be 1,2890/1,2910 and (or) further break-out variant up to 1,2960/80, 1,3020/40, 1,3080/1,3100. The alternative for sales will be below 1,2760 with the targets of 1,2700/20, 1,2640/60, 1,2580/1,2600.

 

[alessio09]

Bullish Momentum in EUR/USD Surged

EUR/USD

The pre-planned buying positions form key supports have been implemented with attainment of minimal anticipated targets. OsMA trend indicator, having marked essential rise of bullish activity at break of key resistance range levels, suggests keeping bullish preference in planning trading operations for today. Therefore, at this point, considering descending direction of indicator chart, we can assume probability of rate return to close 1,2920/40 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 buying positions, on condition of the formation of topping signals the targets will be 1,2980/1,3000, 1,3020/40 and (or) further break-out variant up to 1,3080/1,3100, 1,3140/60. The alternative for sales will be below 1,2820 with the targets of 1,2760/80, 1,2700/20.

Technical analysis on majors

 

[alessio09]

EUR/USD Overbought Results into Delay in Rise

EUR/USD

The estimated test of key supports for implementation of the pre-planned buying positions has not accurately been confirmed, however, fall in activity of both parties as a result of the previous trading day, suggests tiny correction of earlier designed trading plans. Namely, we can assume probability of rate return to close 1,2940/60 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 1,3000/40 and (or) further break-out variant up to 1,3080/1,3100, 1,3160/80. The alternative for sales will be below 1,2840 with the targets of 1,2780/1,2800.

Forex technical analysis

 

[alessio09]

Bullish Rally in EUR/USD Continues

EUR/USD

The pre-planned break-out variant for buyers has been implemented with overlap of minimal anticipated target. OsMA trend indicator, having marked fall in activity of both parties, considering current bullish trend, suggests preservation of upward direction for today. Therefore, at this point, we can assume probability of rate return to close 1,3080/1,3100, 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 1,3140/60 and (or) further break-out variant up to 1,3200/20, 1,3260/80, 1,3320/40. The alternative for sales will be below 1,3040 with the targets of 1,2980/1,3000, 1,2920/40.

Technical analysis on major currency pairs

 

[alessio09]

Bullish Break in Euro Has Momentum

EUR/USD

The estimated test of key supports has been confirmed with condition for implementation of the pre-planned buying positions. OsMA trend indicator, having marked considering current bullish direction favors holding of open long positions with the targets of 1,3360/80, 1,3420/40 and (or) further break-out variant up to 1,3480/1,3500, 1,3540/60, 1,3600/20. The alternative for sales will be below 1,3240 with the targets of 1,3180/1,3200, 1,3120/40, 1,3060/80.

Technical anlysis on majors

 

[alessio09]

Bullish Trend in Euro Still in Favor

EUR/USD

The pre-planned buying positions form key supports have been implemented with attainment of basic anticipated targets. OsMA trend indicator, having marked high level of bullish activity, suggests keeping bullish priorities 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 buying positions, on condition of the formation of topping signals the targets will be 1,3590/1,3620 and (or) further break-out variant up to 1,3660/80, 1,3720/40, 1,3780/1,3800. The alternative for sales will be below 1,3480 with the targets of 1,3420/40, 1,3360/80.

Technical analysis on other major currency pairs

 

[alessio09]

Prospects of Correction in EUR/USD

EUR/USD

The pre-planned break-out variant for buyers has been implemented, but with loss of several points in attainment of the anticipated target. OsMA trend indicator, having marked this month`s top by a sign of bearish reversal formation, suggests further rate correction period, but with preserved preference of bullish choice in planning trading operations for today. Therefore, at this point, considering descending direction of indicator chart, we can assume probability of rate return to close 1,3540/60 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 1,3600/20, 1,3640/60 and (or) further break-out variant up to 1,3700/20, 1,3760/80. The alternative for sales will be below 1,3490 with the targets of 1,3420/40, 1,3340/60.

Technical analysis on majors

 

[alessio09]

EUR/USD Overbought

EUR/USD

The pre-planned buying positions from key supports have been implemented with attainment of minimal anticipated targets. OsMA trend indicator, having marked fall in activity of both parties, suggests further rate range movement with no clear choice of planning preferences for today. Therefore, at this point, we can assume probability of rate return to close border of Ichimoku cloud at 1,3560/80 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 1,3620/40, 1,3680/1,3700 and (or) further break-out variant up to 1,3740/60, 1,3800/20. The alternative for sales will be below 1,3500 with the targets of 1,3440/60, 1,3380/1,3400.

Technical analysis on majors

 

[alessio09]

Trend in EUR/USD Remains Strong

EUR/USD

The pre-planned break-out variant for buyers has been implemented with overlap of minimal anticipated target. OsMA trend indicator, having marked bullish party priority, suggests further bullish development with preserved preference of buying positions 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 buying positions, on condition of the formation of topping signals the targets will be 1,3760/80, 1,3820/40 and (or) further break-out variant up to 1,3880/1,3900, 1,3940/60, 1,4000/20. The alternative for sales will be below 1,3600 with the targets of 1,3540/60, 1,3480/1,3500.

Technical analysis on major currency pairs

 

[alessio09]

Bearish Potential in EUR/USD Rose

EUR/USD

The anticipated rate return to key supports has been confirmed, however, progress of bearish activity, marked by OsMA trend indicator, did not favor implementation of the pre-planned buying positions. Therefore, at this point, considering correction incompleteness on the rising momentum of bearish activity and taking into account ascending direction of indicator chart, we can assume probability of rate return to close 1,3700/20 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 1,3640/60, 1,3600/20 and (or) further break-out variant up to 1,3540/60, 1,3480/1,3500, 1,3420/40. The alternative for buyers will be above 1,3800 with the targets of 1,3840/60, 1,3920/40, 1,3980/1,4000.

Technical analysis on majors

 

[alessio09]

Bullish Activity in EUR/USD Resumed

EUR/USD

The pre-planned break-out variant for buyers has been implemented with attainment of minimal anticipated target. OsMA trend indicator, having marked progress of bullish activity at break of key resistance range levels, suggests preference of buying direction in planning trading operations for today. Therefore, at this point, considering descending direction of indicator chart, we can assume probability of rate return to 1,3780/1,3800 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 buying positions, on condition of the formation of topping signals the targets will be 1,3840/60 and (or) further break-out variant up to 1,3900/20, 1,3960/80, 1,4040/60. The alternative for sales will be below 1,3700 with the targets of 1,3640/60, 1,3580/1,3600.

Technical analysis on majors

 

[alessio09]

EUR/USD Overbought Again

EUR/USD

The pre-planned buying positions from key supports have been implemented with attainment of basic anticipated targets. OsMA trend indicator, having marked fall in activity of both parties, suggests further rate range movement, however, with preserved bullish preference in planning trading operations for today. Therefore, at this point, considering ascending direction of indicator chart, we can assume probability of rate return to close 1,3880/1,3900 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 1,3940/60 and (or) further break-out variant up to 1,4000/20, 1,4060/80, 1,4120/40. The alternative for sales will be below 1,3790 with the targets of 1,3730/50, 1,3660/80.

Technical analysis on majors

 

[alessio09]

Sideway in EUR/USD Still Possible

EUR/USD

The estimated test of key resistance range levels has been confirmed with conditions for implementation of the pre-planned short positions. OsMA trend indicator, having marked close parity of both party activity as a result of the previous trading day, however, considering current descending direction of indicator chart, we may prefer holding of the open short positions with the targets of 1,3920/40, 1,3860/80, 1,3800/20. The alternative for buyers will be above 1,4040 with the targets of 1,4080/1,4100, 1,4140/60, 1,4200/20.

Technical analysis on majors

 

[alessio09]

Correction in EUR/USD to Continue

EUR/USD

The earlier opened and held short positions had a positive result in attainment of the anticipated targets. OsMA trend indicator, having marked close parity of both party activity, considering the chosen strategy, suggests further rate range movement with no clear planning preference for today. Therefore, considering ascending direction of indicator chart, we can assume probability of rate return to 1,3900/20 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 1,3840/60, 1,3780/1,3800 and (or) further break-out variant up to 1,3720/40, 1,3660/80, 1,3600/20. The alternative for buyers will be above 1,4040 with the targets of 1,4080/1,4100, 1,4140/60, 1,4200/20.

Technical analysis on majors

 

[alessio09]

Bullish Momentum in EUR/USD Increased

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 formation of bullish reversal sign with further rise in buying activity, suggests preference of buying positions in planning trading operations for today. Therefore, at this point, considering ascending direction of indicator chart, we can assume probability of rate return to close border of Ichimoku cloud at 1,3900/20 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 1,3960/80, 1,4020/40 and (or) further break-out variant up to 1,4080/1,4100, 1,4140/60, 1,4200/20. The alternative for sales will be below 1,3770 with the targets of 1,3710/30, 1,3640/60.

Technical analysis on majors