GBP / JPY
Last Friday, the players on the rise could not hold the height, allowing it to close the week as optimistic as possible. Today, with the help of a small upward gap at the opening, they are trying to correct the situation, but the prerequisites for correction are already formed. The distance from the levels of the day cross (Tenkan 152.36 + Kijun 151.97), which are currently in a horizontal position, also increases now the chances of a corrective decline.
On Friday, the pair easily descended to the final designated support (153.23). This level contributes to the preservation of the interests of the players to raise on the younger timeframes. Overcoming the support of the cross of H4 and the H1 cloud will change the balance of power in favor of the bears, form a downward target and open the way for reduction to the support of the day cross. The resistances and benchmarks for the players to raise today are the levels of 154.10 (Senkou Span A N1 + target H4) and 154.55 (maximum extremum).
EUR / JPY
The uncertainty and consolidation persist. Confirm the breakdown and gain a foothold above the monthly Senkou Span A (135.74) players on the rise on Friday failed. Today, despite the upward gap, the level of 135.74 again in the role of resistance. The role of the nearest supports still belongs to the day cross (134.70-80 - 134.31), the levels remain horizontal, which indicates the weakness of players to increase.
At lower jumps, the players on the slide took over the initial advantage. The important resistance (cross H4 + cloud H1), allowing to return to rivals their interests, is now strengthened by the monthly Senkou Span A 135.74. The reference point for the decrease is the cloud H4. The reliable breakdown of the H4 cloud in the current situation coincides with the breakdown of the daytime cross, it is the breakdown of these lines that will allow us to consider new prospects for the bears.
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.
