GBP / JPY pair
The week opened with an increasing gap and the players on the rise keep the prospects of increasing their lead. Currently, the main task is to update the maximum boundary(152.83), secure the above level and restore the uptrend. The November candle was closed on a Friday which gave positive opportunities for the development of bullish sentiments. After updating the maximum (152.83), the following upward will be guided by the monthly cloud (Senkou Span B 156.32) and the medium-term trend (Kijun 156.79).
The pair used as a support the spent target for the breakdown of the H4 cloud and the cloudiness of H1. At the moment, players on the increase try to restore their advantages. The nearest level in continuing the recovery is found at 152.83. Among the supports today, it should be noted that the level of 151.50 (Tenkan H4 + Kijun H1) - 150.64 (100% for target H4 + the lower boundary of the H1 cloud) - 150.32 (Fibo Kijun N4 + daytime Fibo Kijun) - 149.70 (Kijun H4 + high-time levels).
EUR / JPY pair
As a result of the month of November, players on the rise are full of optimism, their immediate guide is now the upper limit of the monthly cloud (135.74). The result of the interaction with Senkou Span A of the month (135.74) will determine the further prospects for the players to rise. the main support is still the zone of 132.83 (day cloud + day cross + weekly Tenkan).
With the help of an increasing gap, players on the rise restored some balance of power with a margin in their favor. Although, they still remain in the correction zone. Updating the maximum and overcoming the level of 100% of the weekly target at the breakdown of the cloud (134.59) opens the way to the upper boundary of the monthly cloud (135.74). Currently, the nearest support is at 133.64 (Tenkan N4 + Kijun N1), but the most significant support zone today is located below 132.98-82 (the final crosses of the cross N4 + the senior time frame levels).
Indicator parameters:
all time intervals 9 - 26 - 52
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.
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.
