Friday, 2024-04-26, 5:02 PM
Forex-market
Welcome Guest | RSS
Site menu
Catalog categories
Brokers [2]
Software [14]
Forex for Beginners [86]
Trading Strategy [55]
Trading Systems [10]
Forex Psychology [15]
Forex Signals [11]
Currency trading [50]
Forecast [39]
Funny Forex [2]
Technical Analysis [84]
Other [5]
Forex Technical and Fundamental Forecasts for October 2009 [7]
Forex Technical and Fundamental Forecasts for November 2009 [2]
Scandi daily [20]
FOREX FORECAST 2010 [6]
Main » Articles » Technical Analysis

Technical analysis for October 27 , 2009

 CHF

The pre-planned break-out variant for buyers was implemented with the achievement of minimal estimated target. OsMA trend indicator having marked break out of key resistance levels by considerable bullish activity rise and gives grounds to the choice of buyers’ direction priority for today. On the assumption of it, as well as of the descending direction of indicator chart we can assume probability of rate return to Ichimoku cloud border at 1,0120/40 levels where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of shorter time interval. As for buying positions on condition of the formation of topping signals the targets will be 1,0180/1,0200, 1,0240/60, 1,0300/20 and (or) further break-out variant up to 1,0360/80, 1,0420/40. The alternative for buyers will be below 1,0080 with the targets of 1,0020/40.

Save Template

  GBP

The estimated test of key resistance range levels was not confirmed but the preservation of minimal bullish activity priority gives grounds to suppose preservation of trading plans made before almost intact. Namely, we can suppose probability of the achievement of Senoku Span B of Ichimoku indicator at 1,6400/40 resistance levels where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of shorter time interval. As for short-term sales on condition of formation of topping signals the targets will be 1,6340/60, 1,6240/80 and (or) further break-out variant up to 1,6180/1,6200, 1,6140/60, 1,6080/1,6100. The alternative for buyers will be above 1,6540 with the targets of 1,6580/1,6600, 1,6640/60, 1,6700/20.

Save Template

  JPY

The pre-planned short positions from key resistance range were implemented and the achievement of minimal estimated targets is supported by current bearish activity cycle according to OsMA trend indicator version. Therefore, for opened sales, the targets will be 91,40/60, 90,80/91,00 and (or) further break-out variant up to 90,20/40, 89,60/80. The alternative for sales renewal will be above 92,60 with the targets of 93,00/20, 93,40/60, 94,00/20.

Save Template

  EUR

The pre-planned break-out variant for sales was implemented with the achievement of main estimated target. OsMA trend indicator, having marked break-out of key supports by considerable sales activity rise and gives grounds to prefer bearish choice of planning of trading operations for today. On the assumption of it as well as considering ascending direction of indicator chart we can assume probability of rate return to Ichimoku cloud border at 1,4920/40 levels where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of shorter time interval. As for 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 1,4740/60, 1,4680/1,4700. The alternative for buyers will be above 1,5000 with the targets of 1,5040/60, 1,5100/20.

Category: Technical Analysis | Added by: forex-market (2009-10-27)
Views: 357
Total comments: 0
Only registered users can add comments.
[ Registration | Login ]
FOREX SEARCH
Custom Search
Login form
Search
Site friends
Statistics
Copyright MyCorp © 2024