GBP/JPY
Over the past 24 hours, the situation has not changed significantly. The pair continues to remain in the zone of attraction of the levels of spent daily targets 149.93 - 150.83 - 152.05. Daytime Tenkan (151,28) today sharply advanced forward, thereby he seeks to resolve the situation as soon as possible. If the pair consolidates under 151.28, then Tenkan will help bear to seize the short-term advantage, after which it will be possible to expect the development of a downward correction. If players on the rise today use a short-term trend and close the day above 152.05, then prerequisites will be created to exit the correction zone.
Using support 150.83, players on the increase are trying to eliminate the cross of H4 and securing it over the cloud of H1, but the cloud of H4 is still ready to restrain the development of the situation and help the bears. Therefore, under the current conditions, it is important for bulls to gain a foothold above 151.28 - 151.70 - 152.05 (resistance of the senior half-times). The nearest levels of support that need to be overcome by the bears to increase their moods, today retained their values of 150.83 - 149.92 - 148.43.
EUR / JPY
After a fairly deep descending correction, players on the increase are not strong enough to restore their positions and influence. All that they are now able to realize is braking with a slight lift. The day Tenkan (133.08) continues to act on the side of the players on the slide. Overcoming support 132.09 will open the way for the development of correction to other landmarks, the most important will be the one-week Tenkan (130.98).
The daily short-term trend (133.08) today strengthened the main line of the lower half times (Tenkan N4 + Senkou Span B N1). Reliable consolidation above can affect the balance of power and will require a new assessment of the situation. The breakdown of the H4 cloud and support of 132.09 forms a downside target, on the way of which, it will be necessary to track the levels of 131.48 (daily Kijun) and 130.98 (week-old Tenkan).
Indicator parameters:
All time intervals 9 - 26 - 52
The color of the indicator lines:
Tenkan (short-term trend) - red,
Kijun (medium-term trend) - green,
Fibo Kijun - green dotted line,
Chinkou - gray,
Clouds: Senkou Span B (SSB, long-term trend) - blue,
Senkou Span A (SSA) - pink.
The color of additional lines:
Support and resistance MN - blue, W1 - green, D1 - red, H4 - pink, H1 - gray,
Horizontal levels (not Ichimoku) - brown,
Trend lines - purple.
