Updated Analysis on Majors

[alessio09]

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]

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]

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.