GBP / JPY
The daily short-term trend moved to the side of the players on the fall and formed the nearest resistance at 151.56. At the moment, there is an interaction with the support of the daytime Fibo Kijun (150.92), but the support of 150.16 (day-time Kijun + weekly Tenkan) is still the strongest and most important for the development of bearish sentiment.
The development of the situation continues to rely on the H4 cloud support, reinforced by the higher levels. The target benchmarks for continuing the decline in the lower time frames are currently the target for the breakdown of the H1 cloud and the lower boundary of the H4 cloud (149.94). The location of the daily Kijun levels (150.16) and the weekly Tenkan (150.16) in this area forms the most significant zone support (149.94 - 150.16). In case of an upward correction, the nearest resistance for players on the rise today are the levels 151.56 (daytime Tenkan + cloud H1 + Kijun N4) and 152.30 (Fibo Kijun N4 + historical levels).
EUR / JPY
The consolidation of the pair with the main focus in the area of the daytime cross (Kijun 132.76) and the weekly Tenkan (132.83) continues. Players on the rise lost again the initiative to the opponent, as a result, the current daily short-term trend (Tenkan 133.31) has moved to the side of the bears. A return to the daytime cloud considers a decrease to its lower boundary (Senkou Span B 131.94).
Players on the rise failed to overcome the resistance of the achieved target to the breakdown of the H1 cloud. The braking in the area of target N1 decline and the downward target formation for the breakdown of the H1 cloud. The development of the current goal will test the major support of the higher timeframes (132.83-76), as well as resolving the issue of H4 cloud breakdown and the formation of the next benchmark for the decline. The nearest resistance today can be seen at 133.31 (daytime Tenkan + cross N1 + cross N4) - 133.50.
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,
Chinkou 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.
