USD /JPY
Prices testing the resistance level of 96.30. If he will be overcome to continue growth, the primary purpose of which is likely to become a mark 96.60. The probability of such an outcome suggests that the trend indicator OsMA at 4-hour graph (Figure 1) directed upwards. At the same time, SS went to the zone perekuplennosti and RSI has scheduled a turn down. It is therefore not totally exclude the possibility of back progress toward 96.00/95.90. At the time schedule (Fig. 2), the situation is the same way. OsMA turned up, thus reaffirming the presumption of the possibility of continuing the upward movement. RSI charted the spread down. SS, as in the 4H, included in the zone perekuplennosti. All this suggests the probability of rollback.
So, in my opinion, the possibility of opening positions on the purchase with a close stop-loss is considered only after the confirmation of a breakthrough level of resistance 96.30.
Support: 96.00/95.90, 95.40/30, 95.00/94.90, 94.60/50, 94.10/00, 93.60/50, 93.20/00, 92.80/75, 92.40, 92.00, 91.55, 91.00, 90.70, 90.00.
Resistance: 96.30, 96.60, 97.00, 97.50/75, 98.00, 98.35, 98.60, 98.90/99.00, 99.40/60, 100.00, 100.50, 101.00, 101.40/50, 101.70, 102.00/10, 102.60, 102.90, 103.60, 104.00.
USD /CHF
After strong growth, due to information about currency intervention SHNB prices entered a phase of consolidation in the range, limited levels of 1.0960 - 1.0995. At the moment they are trying to overcome its lower limit. If it is reversed, the decline continues, the primary purpose of which is likely to become a mark 1.0900. However, at the 4-hour graph (Fig.3) trend indicator OsMA quite confidently turned up. Therefore, it is likely that prices will not be able to penetrate the specified point and resume growth. At the time schedule (Fig. 4) OsMA directed downward, thereby signaling a breakthrough in favor of the lower limit of the channel and the further fall. SS and the RSI are deployed in the direction of bull that is in favor of the early phase of growth in the range.
Given the above, in my opinion, is to wait for clarification before making any trading decisions. Positions for purchase with a close stop-loss to open only after the confirmation of a breakthrough level of 1.1000. If you break the lower limit of the channel - selling.
Support: 1.0940/35, 1.0900, 1.0850/40, 1.0800, 1.0760, 1.0730, 1.0700, 1.0650/30, 1.0615/00, 1.0550, 1.0500/1.0490, 1.0400, 1.0350, 1.0300, 1.0250, 1.0200, 1.0175, 1.0130, 1.0100, 1.0070. Click to continue »