Technical analysis: EUR/USD, USD/CHF, GBP/USD, USD/JPY (13.10.2008)

CHF

The pre-supposed key supports test was not confirmed but further situation development with break of boundary levels for buying positions protection was not favorable for the positive realization of earlier drawn up trading planes. OsMA trend indicator, having marked the advantage of bullish activity development gives reasons for the preservation of buying planning priorities for today as well and considering direction of indicator chart we assume the possibility of pair return to close 1.1280/1.1300 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 formation of topping signals the targets will be 1.1340/60, 1.1400/20, 1.1460/80 and/or further breakout variant above 1.1500 with targets 1.1540/60, 1.1590/1.1610. An alternative for sells will be below 1.1200 with targets 1.1140/60, 1.1080/1.1100, and 1.1020/40.

GBP

The pre-planned positions for sell from key resistance range were realized with attainment of basic assumed targets. OsMA trend indicator, having marked relatively high level of bullish activity development nevertheless within the scope of ascending trading channel gives reasons for assumptions about rate correction incompleteness with preservation of bearish planning priorities. Hence we presume the possibility of pair return to the channel signal “1” at 1.7200/20, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term sells formation of topping signals the targets will be 1.7100/20, 1.7020/40, 1.6960/80 and/or further breakout variant up to 1.6880/1.6900, 1.6800/20, 1.3740/60. An alternative for buyers will be above 1.7260 with targets 1.7300/20, 1.7360/80, 1.7440/60, 1.7500/20.

JPY

The pre-planned positions for sell were realized with attainment of minimal assumed targets. OsMA trend indicator, having marked activity parity of both parties gives reasons for the preservation of earlier drawn up trading planes practically without changes. Hence considering the current bearish activity development we assume the possibility of pair return to close 100.60/80 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 formation of topping signals the targets will be 100.00/20, 99.20/40, 98.40/60 and/or further breakout variant below 97.80 with targets 97.20/40, 96.40/60, 95.80/96.00. An alternative for buyers will be above 102.20 with targets 102.60/80, 103.20/40, 104.00/20, 104.80/105.00, 105.60/80.

EUR

The pre-planned breakout variant for sells was realized with attainment of basic assumed targets. OsMA trend indicator, having marked the essential activity rise of both parties but within boundaries of their parity considering the chosen strategy do not give definiteness in choosing planning priorities for today but gives reasons for assumptions about range rate movement in the close outlook. Hence considering the sign of bearish development incompleteness we assume the possibility of another pair return to the bottom of Ichimoku cloud at 1.3600/20, 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 1.3510/30, 1.3440/40 and/or further breakout variant up to 1.3380/1.3400, 1.3320/40, 1.3240/60. An alternative for buyers will be above 1.3700 with targets 1.3760/80, 1.3840/60, 1.3900/20.

Technical analysis: EUR/USD, USD/CHF, GBP/USD, USD/JPY (10.10.2008)

CHF

The presumed key supports test for buying positions realization was not confirmed but the low activity preservation of both parties considering the chosen strategy gives reasons for the preservation of former trading planes practically unchanged. Hence, as before we assume the possibility of attainment close 1.1200/20 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 1.1260/80, 1.1320/40, 1.1380/1.1400 and/or further breakout variant up to 1.1460/80, 1.1500/20. An alternative for sells as before will be below 1.1140 with targets 1.1080/1.1100, 1.1020/40, 1.0980/1.1000.

GBP

The pre-planned positions for sell from key resistance range were realized with overlap of assumed targets. OsMA trend indicator, having marked the bearish activity advantage gives reasons for the preservation of sells planning priorities but considering the earlier displayed relative bullish activity rise we assume the possibility of relatively deep rate correction with key resistance range at 1.7100/20, 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 1.7000/20, 1.6920/40, 1.6840/60, 1.6760/80 and/or further breakout variant up to 1.6680/1.6700, 1.6600/20, 1.6520/40. An alternative for buyers as before will be above 1.7300 with targets 1.7360/80, 1.7440/60, 1.7500/20, 1.7620/40.

JPY

The pre-planned breakout variant for sells was realized with attainment of assumed targets. OsMA trend indicator, having generally marked the same activity parity of both parties this time as well and considering the chosen strategy do not provide definiteness in relation to the confident choice of planning priorities for today. Hence considering the general bearish tendency of market movement preservation and relative strength of bullish resistance we assume the possibility of another pair return to the channel signal “1” at 100.60/80, 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 100.00/20, 99.20/40, 98.40/60 and/or further breakout variant below 97.80 with targets 97.20/40, 96.40/60, 95.80/96.00. An alternative for buyers as before will be above 102.20 with targets 102.60/80, 103.20/40, 104.00/20, 104.80/105.00, 105.60/80.

EUR

The presumed test of key support range was confirmed with conditions for the realization of the pre-planned buying positions. OsMA trend indicator, having marked the sign of pair oversold supports the preservation of buying positions but also considering the general minimal bearish advantage we assume the possibility of another test 1.3480/1.3500 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 1.3540/60, 1.3600/20, 1.3660/80 and/or further breakout variant up to 1.3720/40, 1.3780/1.3800, 1.3860/80. An alternative for sells as before will be below 1.3400 with targets 1.3340/60, 1.3260/80, 1.320/20.

Technical analysis: EUR/USD, USD/CHF, GBP/USD, USD/JPY (09.10.2008)

CHF

The pre-planned breakout variant for sells was realized with attainment of minimal assumed target. OsMA trend indicator, having marked low activity level of both parties does not provide definiteness in the choice of planning priorities for today. Hence considering the chosen strategy based on assumptions about the possible range rate movement we assume the possibility of close supports attainment contained by the bottom of Ichimoku cloud at 1/1200/20, 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 1.1260/80, 1.1320/40, 1.1380/1.1400 and/or further breakout variant up to 1.1460/80, 1.1500/20. An alternative for sells will be below 1.1140 with targets 1.1080/1.1100, 1.1020/40, 1.0980/1.1000.

GBP

The pre-planned breakout variant for sells was realized with attainment of basic assumed targets. OsMA trend indicator, having marked bearish activity advantage gives reasons for supporting sells planning priorities for today. At the moment considering the sign of local correction incompleteness we assume the possibility of pair return to close 1.7300/20 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 1.7220/40, 1.7160/80 and/or further breakout variant up to 1.7100/20, 1.7040/60, 1.6980/1.7000. An alternative for buyers will be above 1.7460 with targets 1.7500/20, 1.7580/1.7600, and 1.7660/80.

JPY

The pre-planned positions for sell from key resistance range were realized with attainment of basic assumed targets. OsMA trend indicator, having formally marked relatively high activity level of both parties in close parities does not provide definiteness in the choice of planning priorities for today. Hence considering the direction of the general tendency and the sign of bullish development incompleteness we assume the possibility of short-term break of the channel signal “1” with attainment of 101.60/80, 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 100.80/101.00, 100.20/40, 99.80/100.00 and/or further breakout variant up to 99.20/40, 98.60/80, 98.00/20. An alternative for buyers will be above 102.60 with targets 103.00/20, 103.60/80, 104.20/40.

EUR

The pre-planned breakout variant for buyers was realized with overlap of minimal assumed target. OsMA trend indicator, having marked the activity fall of both parties as before does not provide definiteness in the choice of planning priorities for today but gives reasons for the preservation of earlier drawn up trading plans practically unchanged. Hence, as before we assume the possibility of pair return to 1.3480/1.3500 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 1.3540/60, 1.3600/20, 1.3660/80 and/or further breakout variant up to 1.3720/40, 1.3780/1.3800. An alternative for sells will be below 1.3400 with targets 1.3340/60, 1.3260/80, 1.320/20.