GBP / JPY pair
The pair closed the previous day above the daily Tenkan, hence, the players on the rise returned to the short-term support. The positions are weakened by the presence of the pair in the correction zone. Therefore, the formation of a rebound from the weekly. Tenkan and the uptrend recovery are currently the main tasks for rising players.
Players on the increase have reached the goal for the breakdown of the H1 cloud. Overcoming the resistance of H1 (151.90) will make it possible to form the next reference points to move upward, which are also the target for breaking down the H4 cloud. Among the supports today, the levels 151.38 - 150.93-85 - 150.16 should be noted.
EUR / JPY pair
Players on the rise of attainment. For this day, the maximum extremum of correction will be tested and have finally worked out a 100% weekly target for the cloud breakdown (134.59). The next benchmark is the upper boundary of the monthly cloud (135.74).
Yesterday, the players on the rise to the next H1, breaking the goal and immediately moving to the next upward direction, which is the target for the breakdown of the H4 cloud, strengthened by the weekly level of 134.59 . Today, the target of H4 has also been worked out, the pair is now making an attempt to overcome the resistance to this goal. Perhaps, it will remain impossible to cope with the appointed task and reach the next upward direction (Senkou Span A of the month 135.74) without a full-fledged correction to the players on the increase. The supports for today are as follows - 134.25 (Tenkan H4 + Kijun H1) - 133.41 (Kijun H4 + day Tenkan) - 133-132.83 (cloud H4 + high-time levels).
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.
