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Technical analysis for October 6 , 2009
CHF
The pre-planned short positions from key resistance range levels
were implemented with the achievement of main estimated targets. OsMA
trend indicator having marked the tendency of bullish activity fall
considering the chosen strategy gives grounds for sales priorities of
planning of trading operations for today. On the assumption of it as
well as considering current bearish activity cycle we can assume
probability of rate return to close 1,0300/20 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 the formation of topping signals the
targets will be 1,0240/60, 1,0160/80 and (or) further break-out variant
up to 1,0100/20, 1,0040/60, 0,9980/1,000. The alternative for buyers
will be above 1,0400 with the targets of 1,0440/60, 1,0500/20.
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GBP
The pre-planned long positions from key supports were implemented
and the preservation of opened long positions is supported by current
bullish cycle of OsMA trend indicator. On the assumption of it for
opened buying positions the targets are 1,6000/20, 1,6060/80, 1,6120/40
and (or) further break-out variant up to 1,6180/1,6200, 1,6240/60,
1,6300/20. The alternative for sales will be below 1,5860 with the
targets of 1,5800/20, 1,5740/60.
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JPY
The pre-planned long positions from key supports were implemented
but with loss in the achievement of estimated targets. OsMA trend
indicator having marked the tendency of sales activity strengthening
against the background of the preservation of bullish party priority
does not clarify the choice of planning priorities for today.
Therefore, considering the suppositions of rate range movement we can
assume probability of the achievement of close 88,40/60 supports 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 buying positions on condition of the formation of topping
signals the targets will be 89,00/20, 89,60/80 and (or) further
break-out variant up to 90,20/40, 90,80/91,00. The alternative for
sales will be below 88,00 with the targets of 87,40/60, 86,80/87,00.
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EUR
The pre-planned long positions from key supports were implemented
with the achievement of main estimated targets. OsMA trend indicator
having marked bullish activity priority gives grounds to suppose buyers
direction priority of planning for today. Therefore, at the moment,
considering current bullish cycle of indicator chart we can assume
probability of rate return to close 1,4680/1,4700 supports 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 buying positions on condition of the formation of topping
signals the targets will be 1,4740/60, 14800/20 and (or) further
break-out variant up to 1,4900/20, 1,4960/80, 1,5000/20. The
alternative variant for sales will be above 1,4600 with the targets of
1,4540/60, 1,4480/1,4500.
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