Yesterday, the players on the rise, continued to move upward and update the maximum boundary at the level of 134.42. Then, it immediately approached by 100% the weekly goal on the breakdown of the cloud at 134.59.
GBP / JPY pair
Making use of the power of the support level (149.24 monthly Fibo Kijun + day cross), the players on the rise resumed moving upward and closed the previous day above the final cross of the day cross (150.57). Currently, the main task for increasing bullish sentiment is to test the maximum boundary of the previous levels at 151.57 and 152.83 with a further attempt to restore the uptrend of the older timeframes.
The main support for the Ichimoku indicator is now utilized by players to increase. Landmarks for further recovery 151.57 - 152.83. The most important support levels for today are found in the current zone of 150.57 - 45 (day level + Tenkan H4 + cross H1), then the levels of different time intervals of 149.87-56-24 will combine after.
EUR / JPY pair
Yesterday, the players on the rise continued to climb higher and updating the maximum boundary at 134.42. Then, it immediately approached by 100% the weekly target on the breakout of the cloud (134.59). Currently, the main task for players is to upgrade and rely on the breakout of the resistance encountered.
The players on the rise take advantage of the situation and continued to climb. At the moment, the resistance level is found at 134.42-59. For today, the nearest support level is at 134.14 (Tenkan N4 + Kijun N1 + N1 cloud) - 133.81 (Kijun N4 + Senkou Span B N1) - 134.42 (day level + cloud of H4).
Indicator parameters:
all time intervals 9 - 26 - 52
The color of indicator lines:
Tenkan (short-term trend) - red;
Kijun (medium-term trend) - green;
Fibo Kijun is a green dotted line;
Chikou is 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.
