• Home ::
• Technical ::
• Analysis Reports ::
• Forex Analysis on Majors

Forex Analysis on Majors

The Number of Jobless Claims in the USA has increased up to 589 000 in early January

Fri, Jan 23 2009, 08:27 GMT
by Igor Kulaga

Forex Ltd  |  View company's profile

Vote:

97d1bc85-671c-4f7e-bc22-2c0527b17093

7

0

• Send
• Print
• Add To
• Rss

EUR

The pre-planned buying positions from key supports were realized with attainment of minimal assumed target. OsMA trend indicator, having marked in short-term outlook the advantage of bearish party activity gives reasons for assumptions about possible rate decrease but with preservation of bullish direction in trading operations planning for today. Hence and considering the descending direction of indicator chart we assume another test of the current month Low at 1.2880/1.2900, 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 1.2940/60, 1.3000/20, 1.3080/1.3120 and/or further breakout variant up to 1.3160/80, 1.3280/1.3300, 1.3440/60. An alternative for sells will be below 1.2800 with targets 1.2720/40, 1.2640/60, 1.2580/1.2600.

CHF

The pre-planned buying positions from key supports were realized with attainment of minimal assumed target. OsMA trend indicator, having marked activity fall of both parties gives reasons for assumptions about possible range movement but without definiteness in the choice of planning priorities for today. Hence and considering the ascending direction of indicator chart we assume the possibility of another test of the current week tops at 1.1600/20, 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 1.1540/60, 1.1480/1.1500 and/or further breakout variant up to 1.1410/30, 1.1350/70, 1.1260/80. An alternative for buyers will be above 1.1660 with targets 1.1700/20, 1.1760/80, 1.1840/60.

GBP

The pre-planned buying positions from key supports were realized but with damage to several points in attainment of minimal assumed target. OsMA trend indicator, having marked close activity parity of both parties in active bearish position gives reasons for assumptions about possible range rate movement but with preservation of bullish direction of planning for today. Considering this we assume the possibility of another test at 1.3680/1.3720 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 1.3780/1.3820, 1.3900/40 and/or further breakout variant up to 1.4000/20, 1.4060/80, 1.4180/1.4200/20. An alternative for sells will be below 1.3600 with targets 1.3480/1.3520, 1.3400/20, 1.3340/60.

JPY

The pre-planned breakout variant for sells was realized but with damage to several points in attainment of minimal assumed target. OsMA trend indicator, having marked activity fall of both parties does not give definiteness in the choice of planning priorities for today as well. Hence and considering the assumptions about rate return to 88.00/20 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 88.60/80, 88.90/89.00, 89.40/50, 89.80/90 and/or further breakout variant above 90.50 with targets 90.90/91.00. An alternative for sells will be below 87.80 with targets 87.20/40, 86.80/87.00.

Published on  Fri, Jan 23 2009, 08:29 GMT

Vote:

97d1bc85-671c-4f7e-bc22-2c0527b17093

7

0

• Send
• Print
• Add To
• Rss