Daily Technical Analysis Forex/Gold/USD/DJIA

Daily Forex Technicals | Written by FOREX Ltd
CHF
The pre-planned short positions from the key resistance range have been realized with attainment of assumed targets. OsMA trend indicator having generally marked further advantage of bearish party gives grounds to presume further support of sellers' planning priorities for today. Hence and taking into account the existent short-term activity parity of both parties we assume a possibility of rate return to the nearest resistance range 1.1280/1.1300, 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 1.1220/40, 1.1160/80 and/or further breakout variant up to 1.1100/20, 1.1040/60, 1.0920.60. An alternative for buyers will be above 1.1340 with the targets 1.1380/1.1400, 1.1440/60.
GBP
The pre-planned buyers' positions from the key supports have been realized with attainment of main assumed targets. OsMA trend indicator having generally marked the advantage of bullish party gives grounds to presume further support of buyers' planning for today. At present taking into account the overbought factor we assume a possibility of rate return to the nearest supports 1.4880/1.4900, 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 1.4940/60, 1.5000/20, 1.5060/1.5100. An alternative for sells will be below 1.4780 with the targets 1.4720/40, 1.4660/80, 1.4600/20.
JPY
The pre-planned breakout variant for buyers has been realized with attainment of minimal assumed target. OsMA trend indicator having marked the activity fall of both parties with a preservation of some minimal advantage of bullish party gives grounds to preserve buying planning priorities for today. At present taking into account the reversal moment of indicator chart, we assume a possibility of pair return to supports 100.00/20, 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 100.60/80, 101.20/40 and/or further breakout variant up to 101.80/102.00, 102.40/60, 103.00/20. An alternative for sells will be below 99.60 with the targets 99.00/20, 98.40/60, 97.80/98.00.
EUR
The pre-planned short positions from the key supports have been realized with attainment of main assumed targets. OsMA trend indicator having generally marked the advantage of bullish activity gives grounds to preserve the priority of buying planning priorities for today. At present taking into account the reversal moment on indicator chart, we assume a possibility of pair return to the nearest supports 1.3500/20, 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 1.3560/80, 1.3620/40 and/or further breakout variant up to 1.3680/1.3700, 1.3740/60, 1.3800/20. An alternative for sells will be below 1.3450 with the targets 1.3390/1.3410, 1.3320/40.
DOW JONES INDEX
Today's support: - 7897.30(main), where a delay and correction may happen. Break of the latter will give 7852.50, where correction also can be. Then follows 7828.16. Be there a strong impulse, we would see 7796.30. Continuation will bring 7768.13 and 7743.56.
Today's resistance: - 8055.00, 8111.26 and 8136.70(main), where a delay and correction may happen. Break would bring 8150.60, where a correction may happen. Then follows 8187.37, where a delay and correction could also be. Be there a strong impulse, we'd see 8203.20. Continuation would bring 8222.36 and 8274.32.
FXtechtrade. http://www.fxtechtrade.com
Gold: Gold took the major trendline and the 21 Daily EMA resistance and plunged to 876 dollars as expected in previous reports. Strategy stays bearish . Sell again at retracement at $908. Bearish (Gold: $876.00).
Dollar index :Dollar index is heading towards the next cluster support at 82.20. It is likely to hold that support but incase it holds below 82 for 2 sessions it may head towards a dollar reversal and target 77.69 levels. Bearish.
India Forex. http://www.indiaforex.in