The pre-planned buyers' positions from the key supports have been realized with attainment of minimal assumed target. OsMA trend indicator having generally marked the feature of incompletion of bearish activity does not give grounds to make a firm choice of planning priorities for today. Hence and because of presumptions about possible range movement of the rate, we assume a possibility of another test of the nearest supports 1.1500/20, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term buyers' positions on condition of formation of topping signals the targets will be 1.1560/80, 1.1620/40 and/or further breakout variant up to 1.1680/1.1700, 1.1760/80, 1.1820/40. An alternative for sells will be below 1.1460 with the targets 1.1400/20, 1.1320/40, 1.1240/60.
Thursday, June 4, 2009
Forex Technical Analysis
The pre-planned buyers' positions from the key supports have been realized with attainment of minimal assumed target. OsMA trend indicator having generally marked the feature of incompletion of bearish activity does not give grounds to make a firm choice of planning priorities for today. Hence and because of presumptions about possible range movement of the rate, we assume a possibility of another test of the nearest supports 1.1500/20, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term buyers' positions on condition of formation of topping signals the targets will be 1.1560/80, 1.1620/40 and/or further breakout variant up to 1.1680/1.1700, 1.1760/80, 1.1820/40. An alternative for sells will be below 1.1460 with the targets 1.1400/20, 1.1320/40, 1.1240/60.
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