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Technical analysis: EUR/USD, USD/CHF, GBP/USD, USD/JPY (29.10.2008)


CHF

The pre-planned positions for sell from key resistance range were realized with attainment of basic assumed targets. OsMA trend indicator, having marked general activity parity preservation of both parties as before do not give reasons for the choice of planning priorities for today as well. Hence and considering sign of bearish development incompleteness as well as ascending direction of indicator chart we assume the possibility of rate return to channel signal “1” at 1.1570/90, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term sells on condition of formation of topping signals the targets will be 1.1510/30, 1.1460/80 and/or further breakout variant up to 1.1400/20, 1.1340/60, 1.1290/1.1310. An alternative for buyers will be above 1.1630 with targets 1.1670/90, 1.1730/50.



GBP

The pre-planned breakout variant for buyers was realized with attainment of minimal assumed target. OsMA trend indicator, having marked confirmation of bullish party advantage at the break of key resistance range gives reasons for bullish planning priorities for today. Hence and considering descending direction of indicator chart we assume the possibility of pair return to channel signal “2” at 1.5840/60 range, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term buying positions on condition of formation of topping signals the targets will be 1.5920/40, 1.6000/20, 1.6080/1.6100 and/or further breakout variant above 1.6140 with targets 1.6180/1.6200, 1.6280/1.6300, 1.6400/20. An alternative for sells will be below 1.5760 with targets 1.5660/80, 1.5580/1.5600.



JPY

The pre-planned breakout variant for buyers was realized with attainment of assumed targets. OsMA trend indicator, having marked in the scope of bullish party advantage relative bearish resistance rise gives reasons for assumptions about further rate correction period but with preservation of buying planning priorities for today as well. Hence and considering bearish position of indicator chart we assume the possibility of another test of close 96.00/20 supports, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term buying positions on condition of formation of topping signals the targets will be 96.60/80, 97.20/40, 97.80/98.00 and/or further breakout variant up to 98.40/60, 99.00/20, 99.60/80. An alternative for sells will be below 95.00 with targets 94.40/60, 93.80/94.00.



EUR

The pre-planned buying positions from key supports were realized with overlap of assumed targets. OsMA trend indicator, having marked further bullish activity continues supporting buying planning priority for today as well. Hence and considering the descending direction of indicator chart we assume the possibility of pair return to 1.2660/80 supports, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For buying positions on condition of formation of topping signals the targets will be 1.2720/40, 1.2780/1.2800, 1.2840/60 and/or further breakout variant up to 1.2900/20, 1.2960/80, 1.3020/40. An alternative for sells will be below 1.2560 with targets 1.2500/20, 1.2440/60, 1.2380/1.2400.


Technical analysis: EUR/USD, USD/CHF, GBP/USD, USD/JPY (28.10.2008)


CHF

The pre-planned positions for sell from key resistance range were realized with attainment of basic assumed targets. OsMA trend indicator, having marked low activity level of both parties as well as rate position within boundaries of Ichimoku cloud give reasons for assumptions about range rate movement in close outlook. Hence and considering bullish sign of indicator chart we assume the possibility of pair return to 1.1600/20 resistance range, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term sells on condition of formation of topping signals the targets will be 1.1540/60, 1.1480/1.1500 and/or further breakout variant up to 1.1420/40, 1.1360/80, 1.1300/20. An alternative for buyers will be above 1.1660 with targets 1.1700/20, 1.1760/80, 1.1800/20.



GBP

The pre-planned breakout variant for sells was realized with attainment of assumed targets. OsMA trend indicator, having marked close activity parity of both parties as a sign of possible range rate movement does not give definiteness in the choice of planning priorities for today. Hence considering the ascending direction of indicator chart as before we assume attainment of channel signal “1” at 1.5900/20, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For sells on condition of formation of topping signals the targets will be 1.5820/40, 1.5700/20, 1.5600/20 and/or further breakout variant below 1.5560 with targets 1.5500/20, 1.5420/40, 1.5340/60, 1.5260/80. An alternative for buyers will be above 1.6060 with targets 1.6100/20, 1.6180/1.6200, 1.6280/1.6300, 1.6380/1.6400.



JPY

The pre-planned breakout variant for buyers was realized with attainment of minimal assumed target. OsMA trend indicator, having marked advantage of bullish party development gives reasons for the corresponding priorities for today. At the moment considering the current bullish development cycle we assume the possibility of slight rate correction to close 95.10/30 supports, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term buying positions on condition of formation of topping signals the targets will be 95.80/96.00, 96.60/80 and/or further breakout variant up to 97.20/40, 97.80/98.00, 98.60/80, 99.00/20. An alternative for sells will be below 94.50 with targets 93.90/94.10, 93.00/20, 92.40/60.



EUR

The pre-planned breakout variant for sells was realized with attainment of basic assumed targets. OsMA trend indicator, having marked week Low renewal by reverse bullish signals formation with further buying activity strengthening gives reasons for the corresponding change of planning priorities for today as well. Hence and considering the current bullish development cycle we assume the possibility of slight rate correction to 1.2480/1.2500 supports, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term buying positions on condition of formation of topping signals the targets will be 1.2540/60, 1.2600/20 and/or further breakout variant up to 1.2660/80, 1.2720/40, 1.2780/1.2800. An alternative for sells will be below 1.2400 with targets 1.2340/60, 1.2280/1.2300.