Updated Analysis on Majors

[alessio09]

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EUR/USD

The pre-planned break-out variant for sales has been implemented with achievement of minimal anticipated target. OsMA trend indicator, having marked break of key supports by expanding tendency of sales activity strengthening gives grounds to choose bearish side for planning priorities for today. Hence and considering current bullish direction of indicator chart we can assume probability of rate return to 1,4920/40 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 sales on condition of the formation of topping signals the targets will be 1,4860/80, 1,4800/20 and (or) further break-out variant up to 1,4740/601,4680/1,4700, 1,4620/40. The alternative for buyers will be above 1,5050 with the targets of 1,5090/1,5110, 1,5160/1,5200.

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[alessio09]

Updated Analysis on EUR/USD

EUR/USD

The estimated test of key resistance range levels has been confirmed, but relative rise in buying activity, marked by OsMA trend indicator, did not favor immediate implementation of the pre-planned short positions. Nevertheless, in the bigger picture, considering close parity of both party activity while rate is contained within the borders of Ichimoku cloud, we can assume probability of rate range movement with attainment of close border of the cloud at 1,4980/1,5000 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 1,4920/40 and (or) further break-out variant up to 1,4860/80, 1,4800/20. The alternative for buyers will be above 1,5080 with the targets of 1,5120/40, 1,5180/1,5200, 1,5240/60.

 

[alessio09]

Expecting Bullish Break in Euro

EUR/USD

The estimated test of key supports for implementation of the pre-planned long positions has not been confirmed, however, the result of previous trading day combined with priority in bullish party activity gives grounds for preservation of earlier designed trading plans practically unchanged. Namely, we can assume probability of rate return to Senkou Span B line in Ichimoku indicator at 1,4900/20 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 buying positions on condition of the formation of topping signals the targets will be 1,4960/80, 1,5040/60 and (or) further break-out variant up to 1,5100/20, 1,5180/1,5200. The alternative for sales will be below 1,4800 with the targets of 1,4740/90, 1,4680/1,4700, 1,4600/20.

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[alessio09]

Bullish Break in Euro Took Place

EUR/USD

The pre-planned break-out variant for buyers has been implemented with overlap of minimal anticipated target. OsMA trend indicator, having marked formation of reversal bearish signal so far does not clarify the level of bearish opposition. Therefore, considering earlier chosen priority of bullish direction in planning trading operations for today, and taking into account current bearish cycle of indicator chart, we can assume probability of rate return to close 1,5060/80 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 1,5120/40, 1,5180/1,5200 and (or) further break-out variant up to 1,5240/60, 1,5300/20, 1,5380/1,5420. The alternative for sales will be below 1,5000 with the targets of 1,4940/60, 1,4880/1,4900.

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[alessio09]

Ahead of Bullish Break in Euro

EUR/USD

Open and earlier preserved long positions have had positive result in attainment of basic 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 supposition of probable rate range movement we can assume probability of rate return to close 1,5040/60 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 1,5100/20, 1,5140/60 and (or) further break-out variant up to 1,5200/20, 1,5260/80, 1,5400/40. The alternative for sales will be below 1,4960 with the targets of 1,4900/20, 1,4840/60.
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[alessio09]

Euro`s Way to the Top

EUR/USD

The estimated test of key supports has been confirmed, but short-term tendency of sales activity strengthening, marked by OsMA trend indicator, did not appear to be a positive sign in implementation of the pre-planned buying positions. Therefore, considering absence of signs clarifying the choice of planning priorities for today in the bigger picture and considering supposition of rate decline incompleteness, we can assume probability of rate return to 1,5000/20 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 1,5060/80, 1,5140/60 and (or) further break-out variant up to 1,5200/20, 1,5260/80, 1,5400/40. The alternative for sales will be below 1,4960 with the targets of 1,4900/20, 1,4840/60.

 

[alessio09]

Strengthening of Bearish Concern in Euro

EUR/USD

The pre-planned break-out variant for sales has been implemented with overlap of anticipated targets. OsMA trend indicator, having marked essential rise in sales activity at break of key supports, gives grounds favoring priority of bearish direction in planning trading operations for today. Therefore, considering ascending direction of indicator chart, we can assume probability of reaching channel line 2 at 1,4940/60 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 sales, on condition of the formation of topping signals the targets will be 1,4740/60, 1,4680/1,4700, 1,4620/40. The alternative for buyers will be above 1,5010 with the targets of 1,5060/80, 1,5120/40.

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[alessio09]

Euro Is still Sold

EUR/USD

The pre-planned break-out variant for sales has been implemented with overlap of minimal anticipated target. OsMA trend indicator, having marked parity of both party activity in the bigger picture, gives grounds for supposition of probable rate range movement, however, with priority of planning sales for today. Hence and considering current indicator chart direction, we can assume reaching 1,4760/80 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 1,4700/20, 1,4640/60 1,4580/1,4600 and (or) further break-out variant up to 1,4520/40, 1,4460/80. The alternative for buyers will be above 1,4860 with the targets of 1,4900/20, 1,4960/80.
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[alessio09]

Bearish Trend in Euro

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 preservation of close parity of both party activity, gives grounds for supposition of further rate range movement with no affirmative choice of priorities in planning trading operations for today. Therefore, as earlier we can assume probability of rate return to 1,4760/80 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 1,4700/20, 1,4640/60 1,4580/1,4600 and (or) further break-out variant up to 1,4520/40, 1,4460/80. The alternative for buyers will be above 1,4860 with the targets of 1,4900/20, 1,4960/80.
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[alessio09]

Rise of Bearish Momentum 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 relative rise in bullish activity gives grounds for choosing sales in planning trading operations for today. Therefore, considering current bullish direction of indicator chart, we can assume probability of rate return to close border of Ichimoku cloud at 1,4720/40 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 sales on condition of the formation of topping signals the targets will be 1,4660/80, 1,4580/1,4620 and (or) further break-out variant up to 1,4520/40, 1,4460/50, 1,4400/20. The alternative for buyers will be above 1,4800 with the targets of 1,4840/60, 1,4900/20.

 

[alessio09]

Bearish Trend in Euro Continues

EUR/USD

The pre-planned break-out variant for sales has been implemented, but with loss in several points in attainment of minimal anticipated target. OsMA trend indicator, having marked relative rise of both party activity as the result of the previous trading day, considering the chosen strategy, does not clarify the choice of planning priorities for today. Nevertheless, considering preservation of bearish party priority, and taking into account sign of bullish activity incompleteness, we can assume probability of rate return to channel line 1 at 1,4420/40 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 sales on condition of the formation of topping signals the targets will be 1,4360/80, 1,4300/20 and (or) further break-out variant up to 1,4240/60, 1,4180/1,4200, 1,4100/40. The alternative for buyers will be above 1,4520 with the targets of 1,4560/80, 1,4620/40, 1,4700/40.

 

[alessio09]

Euro Overbought Sets Decline Delayed

EUR/USD

The pre-planned break-out variant for sales has been implemented with attainment of minimal anticipated target. OsMA trend indicator, having marked fall in activity of both parties, does not clarify the choice of planning priorities for today. Therefore, considering ascending direction of indicator chart, we can assume probability of reaching channel line 1 at 1,4380/1,4400 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 1,4320/40, 1,4240/60 and (or) further break-out variant up to 1,4180/1,4200, 1,4120/40. The alternative for buyers will be above 1,4460 with the targets of 1,4500/20, 1,4580/1,4620.

 

[alessio09]

Expecting Fall in Euro to Continue

EUR/USD

The estimated test of key resistance range levels for implementation of the pre-planned short positions has not accurately been confirmed, and continuous fall in both party activity as the result of the previous trading day gives grounds only for petty correction to the earlier designed trading plans for today. Namely, we can assume probability of rate return to channel line 1 at 1,4320/40 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 sales on condition of the formation of topping signals the targets will be 1,4260/80, 1,4200/20 and (or) further break-out variant up to 1,4140/60, 1,4080/1,4100. The alternative for buyers will be above 1,4440 with the targets of 1,4480/1,4500, 1,4560/80.

 

[alessio09]

Rising of Bearish Activity 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 priority of bearish party development at the break of key supports, gives grounds for choosing sales in planning trading operations for today. At this point, considering ascending direction of indicator chart, we can assume probability of rate return to channel line 1 at 1,3900/20, 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 sales, on condition of the formation of topping signals the targets will be 1,3840/60 and (or) further break-out variant up to 1,3780/1,3800, 1,3720/40, 1,3660/80. The alternative for buyers will be above 1,4010 with the targets of 1,4060/80, 1,4140/60.

 

[alessio09]

Bearish Trend 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 close parity of both party activity, suggests probable period of rate range movement, but favoring sales in planning trading operations for today. Hence, we can assume probability of rate return to channel line 1 at 1,3660/80, 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 1,3600/20, 1,3560/80 and (or) further break-out variant up to 1,3500/20, 1,3440/60, 1,3380/1,3400. The alternative for buyers will be above 1,3760 with the target of 1,3800/20, 1,3860/80.

 

[alessio09]

Parity between Bullish and Bearish Party in Euro

EUR/USD

The earlier opened and held short positions have had positive result of overlap of minimal anticipated target. OsMA trend indicator, having marked close parity of both party activity, does not clarify the choice of planning priorities for today. Therefore, considering the chosen strategy, based on supposition of probable rate range movement within the frames of Ichimoku cloud, it is logical to assume sales starting from 1,3780/1,3800 levels with the targets of 1,3720/40, 1,3660/80, 1,3560/80 and (or) further break-out variant up to 1,3500/20, 1,3440/60, 1,3380/1,3400. The alternative for buyers will be above 1,3860 with the targets of 1,3900/20, 1,3960/80, 1,4020/40.

 

[alessio09]

Correction of Bearish Trend in Euro

EUR/USD

The pre-planned break-out variant for sales has been implemented, but with loss of several points in attainment of minimal anticipated target. OsMA trend indicator, having marked rate oversold with further relative rise of bullish counteraction, suggests further rate correction period, however, with preserved bearish preference in planning trading operations for today. Hence, we can assume probability of rate return to 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 sales on condition of the formation of topping signals the targets will be 1,3600/20, 1,3540/60, 1,3480/1,3500 and (or) further break-out variant up to 1,3420/40, 1,3360/80, 1,3300/40. The alternative for buyers will be above 1,3800 with the targets of 1,3840/60, 1,3900/20, 1,3960/80.

 

[alessio09]

Bullish Potential in Euro Strengthens

EUR/USD

Earlier opened and held short positions did not have a positive result within the frames of the previous trading session. OsMA trend indicator, having marked strengthening of buying activity, delivers negative signs regarding holding of earlier opened sales. Therefore, at this point, considering preference of bullish direction in planning trading operations for today and current descending direction of indicator chart, we can assume probability of rate return to close 1,3720/40 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 short-term buying positions on condition of the formation of topping signals the targets will be 1,3780/1,3800, 1,3820/40 and (or) further break-out variant up to 1,3880/1,3900, 1,3960/80, 1,4020/40. The alternative for sales will be below 1,3660 with the targets of 1,3600/20, 1,3540/60.

 

[alessio09]

Rate Balance in Euro

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 preserved bearish party priority, suggests holding of open long positions with the targets of 1,3660/80, 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 1,3540 with the targets of 1,3480/1,3500, 1,3420/40.

 

[alessio09]

Flat Period in Euro Continues

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 break of key resistance range levels by low degree of bullish party activity, does not clarify prospects of further rate rise as well as the choice of planning priorities for today. Therefore, considering supposition of further rate range movement we can assume probability of rate return to close 1,3560/80 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 1,3620/40, 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 1,3520 with the targets of 1,3460/80, 1,3380/1,3400.