prices move to the level of support 90.00. If it is resolved to continue falling, the primary purpose of which is likely to be a mark 89.70 and, further, 89.40. The probability of this outcome suggests the direction indicators on the 4-hour chart (Figure 1). And the trend indicator OsMA, and both are confident enough of the oscillator are directed downward. On the hourly chart (Fig. 2) OsMA also is oriented downward, thus confirming the assumption about the possibility of a breakthrough price of this level of support and the continuation of a downward movement. At the same time, SS (in oversold) and RSI have identified a U-turn in the opposite direction. Therefore you should not completely exclude the possibility of reverse course to a mark 90.40.
Thus, in my opinion, the possibility of opening positions on the sale with a close stop-loss should be considered only after confirmation of a breakthrough price level of support 90.00.
Prices are consolidated in the 1.0100 support level. His breakthrough opens testing mark 1.0070. In favor of further decline can say that at 4-hour chart (Figure 3) trend indicator OsMA confident enough downward. At the same time, the oscillators (SS in oversold) turned in the opposite direction, thereby signaling in favor of reverting to a mark 1.0130. On the hourly chart (Figure 4) OsMA directed upwards, thus confirming the assumption about the possibility of early relapsing course. SS and RSI unfold different direction.
In light of this, in my opinion, the situation is described as uncertain and recommend to refrain from taking commercial decisions to its clarification. Items for sale with a close stop-loss open after confirmation of a breakthrough level of 1.0100.
Prices trying to be fixed above the level of 1.4970. If they succeed, it is worth waiting for further growth, the primary purpose of which is likely to be the level of 1.5000. On the possibility of further upward movement can tell the direction of the trend indicator OsMA at 4-hour chart (Fig. 5). Oscillators, by contrast, turned in a bearish direction (SS in the overbought zone). Therefore you should not completely exclude the possibility of reverse progress to the level of 1.4900. The situation on the hourly chart (Fig. 6) confirms the supposition about the possibility that prices will start falling phase. OsMA quite confidently directed downward. In the same direction are fixed and oscillators.
Having said that, in my opinion, the possibility of opening positions on the purchase with a close stop-loss should be considered after confirmation of breakout resistance level 1.5000.
After a slight increase in the price included in the phase of consolidation in the range bound by 1.6370 - 1.6430. At the moment, they move to the top of its border. If she would be overcome to continue growth, the primary purpose of which is likely to be a mark 1.6470, and, further, 1.6500. But at 4-hour chart (Fig. 7) OsMA and both oscillator (SS in the overbought zone) acquire a downward direction. It is therefore possible that prices will not be able to overcome the indicated mark and will fall to the bottom of the range with its subsequent testing. On the hourly chart (Fig. OsMA directed downward, thereby confirming the assumption of a possible beginning of a downward phase of the movement. Down unfolds and RSI.
Thus, in my opinion, is to wait for prices outside the specified range, and only then consider the possibility of opening positions with a close stop-loss in the direction of the breakout.
The technical analysis of currency pairs
USD /JPY
prices move to the level of support 90.00. If it is resolved to continue falling, the primary purpose of which is likely to be a mark 89.70 and, further, 89.40. The probability of this outcome suggests the direction indicators on the 4-hour chart (Figure 1). And the trend indicator OsMA, and both are confident enough of the oscillator are directed downward. On the hourly chart (Fig. 2) OsMA also is oriented downward, thus confirming the assumption about the possibility of a breakthrough price of this level of support and the continuation of a downward movement. At the same time, SS (in oversold) and RSI have identified a U-turn in the opposite direction. Therefore you should not completely exclude the possibility of reverse course to a mark 90.40.
Thus, in my opinion, the possibility of opening positions on the sale with a close stop-loss should be considered only after confirmation of a breakthrough price level of support 90.00.
Support: 90.00, 89.70, 89.40, 89.00, 88.70, 88.40, 88.00, 87.30, 87.00, 86.00, 85.00, 84.40/30, 84.00, 83.00.
Resistance: 90.40, 90.70, 91.00, 91.55, 92.00, 92.40, 92.70/85, 93.00/20, 93.60/50, 94.10/00, 94.60/50, 94.90/95.00, 95.30/40, 95.90/96.00, 96.30.
USD /CHF
Prices are consolidated in the 1.0100 support level. His breakthrough opens testing mark 1.0070. In favor of further decline can say that at 4-hour chart (Figure 3) trend indicator OsMA confident enough downward. At the same time, the oscillators (SS in oversold) turned in the opposite direction, thereby signaling in favor of reverting to a mark 1.0130. On the hourly chart (Figure 4) OsMA directed upwards, thus confirming the assumption about the possibility of early relapsing course. SS and RSI unfold different direction.
In light of this, in my opinion, the situation is described as uncertain and recommend to refrain from taking commercial decisions to its clarification. Items for sale with a close stop-loss open after confirmation of a breakthrough level of 1.0100.
Support: 1.0100, 1.0070, 1.0070, 1.0000, 0.9900, 0.9800, 0.9740, 0.9700, 0.9610/00, 0.9500.
Resistance: 1.0130, 1.0175, 1.0200, 1.0250, 1.0280, 1.0300/20, 1.0350/60, 1.0400, 1.0445, 1.0490/1.0500, 1.0550, 1.0600, 1.0650, 1.0700,1.0730, 1.0750/60, 1.0800, 1.0840 /50, 1.0900.
EUR /USD
Prices trying to be fixed above the level of 1.4970. If they succeed, it is worth waiting for further growth, the primary purpose of which is likely to be the level of 1.5000. On the possibility of further upward movement can tell the direction of the trend indicator OsMA at 4-hour chart (Fig. 5). Oscillators, by contrast, turned in a bearish direction (SS in the overbought zone). Therefore you should not completely exclude the possibility of reverse progress to the level of 1.4900. The situation on the hourly chart (Fig. 6) confirms the supposition about the possibility that prices will start falling phase. OsMA quite confidently directed downward. In the same direction are fixed and oscillators.
Having said that, in my opinion, the possibility of opening positions on the purchase with a close stop-loss should be considered after confirmation of breakout resistance level 1.5000.
Support: 1.4900, 1.4870, 1.4840, 1.4800, 1.4760, 1.4730/25, 1.4700, 1.4670, 1.4630/25, 1.4600, 1.4585, 1.4550, 1.4515/00, 1.4465, 1.4430, 1.4400, 1.4360, 1.4330/20, 1.4280, 1.4250, 1.4200.
Resistance: 1.4950/70, 1.5000, 1.5050, 1.5100, 1.5140, 1.5200, 1.5230, 1.5300, 1.5370, 1.5400, 1.5440, 1.5475, 1.5500.
GBP /USD
After a slight increase in the price included in the phase of consolidation in the range bound by 1.6370 - 1.6430. At the moment, they move to the top of its border. If she would be overcome to continue growth, the primary purpose of which is likely to be a mark 1.6470, and, further, 1.6500. But at 4-hour chart (Fig. 7) OsMA and both oscillator (SS in the overbought zone) acquire a downward direction. It is therefore possible that prices will not be able to overcome the indicated mark and will fall to the bottom of the range with its subsequent testing. On the hourly chart (Fig.
OsMA directed downward, thereby confirming the assumption of a possible beginning of a downward phase of the movement. Down unfolds and RSI.
Thus, in my opinion, is to wait for prices outside the specified range, and only then consider the possibility of opening positions with a close stop-loss in the direction of the breakout.
Support: 1.6400, 1.6370, 1.6340, 1.6300, 1.6275/70, 1.6230, 1.6200, 1.6170, 1.6140/30, 1.6100, 1.6060, 1.6000, 1.5975/60, 1.5900, 1.5840, 1.5800, 1.5770, 1.5700, 1.5660, 1.5620/00, 1.5500.
Resistance: 1.6470, 1.6500, 1.6540/60, 1.6600, 1.6640, 1.6700, 1.6730, 1.6800, 1.6900, 1.6970, 1.7000, 1.7060, 1.7100, 1.7130, 1.7200.
Index of the Frankfurt Stock Exchange Xetra DAX rose 11.78 points, the index of the London Stock Exchange FTSE 100 rose 0.22 points
Review of the precious metals market for 19.10.09
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The desire of investors to take profits supported not too optimistic statistics from the U.S.
In the second echelon are allocated shares of Polyus Gold, which show striking growth
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