GBP/JPY
Over the past 24 hours, the situation has not changed significantly. The pair continues to remain under the resistance of 148.43 (daytime Fibo Kijun + historical level). The next resistance is located at 149.24 (daytime Tenkan + month Fibo Kijun). A prolonged confrontation in the area of resistance indicates the weakness of players to increase, after a pause, bull rivals can again actively continue the decline. Overcoming the daily medium-term trend (147.00) opens the way for a descent to the support of the weekly cross (Tenkan 146.06 + Fibo Kijun 146.24).
To implement the bearish plans, now is the time to complete the upward correction in order to return to the strengthening of bearish sentiment and descent. Among the supports today, it is necessary to note 147.75 (the final boundary of the cross H4 + cloud H1) and 147, braking and retreat from these levels can add to the players to increase the forces necessary to overcome the current resistance of 148.43.
EUR / JPY
The hidden daily bull divergence for Chinkou continues to strengthen the mood of players to increase. Yesterday, the bulls overcame the resistance of the short-term trend and approached the testing of the consolidation maximum (133.13). A reliable fastening above can give players a chance to raise an uptrend.
The support level of 131.89 coped with its task and did not allow the pair to go beyond the zone of consolidation. At the moment, players on the rise are close to testing the upper boundary of the consolidation zone (133.08-13). In order to identify prospects, in the case of a breakdown and reliable consolidation above, a new assessment of the situation will be required. The center of attraction today is still the level of 132.48 (day Tenkan + lower junior levels).
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.
