GBP / JPY pair

No prerequisites for a correction are needed to stop the increase of players to rise. Yesterday, the maximum level has been updated again and continued the upward trend. At the moment, players on the rise approached the monthly upward direction at Kijun (155.56) and Senkou Span B (156.32). A combination these levels can provide good resistance.

After taking their advantages, the players on the rise have their positions restored to 153.33 (cross H4 + cloud H1). As a result, the pair has now entered the zone of influence in the daily level at 155.56. , then the lower boundary of the monthly cloud serves as a guideline. 156.32. These monthly levels are the strongest resistances in Ichimoku. The formation of the interaction may take quite a long time. The first reaction to resistance is H1, which is the Chinkou divergence. The nearest supports are 54.45 (Tenkan H4 + Kijun N1) and 153,80-154 (cloud H1 + Kijun N4).

EUR / JPY pair

Yesterday, the pair closed above the level of 135.74, but the players did not manage to leave the consolidation zone. It still remains to be the center of attention. Today, the EUR/JPY pair has already updated the minimum in the previous day while uncertainty persists. The nearest support is still located on the horizontal levels of the day cross at Tenkan (134.68) and Kijun (134.30).

The lateral movement around the H4 cross and the H1 clouds, as well as, the level of 135.74 remains to be the monthly center of attention. To change the situation in favor of the bulls, the pair needs to go beyond consolidation and it is reliable to gain a foothold higher after updating the next maximum extremum at 136.56. For bears, it is just as important to leave the zone of attraction and go down to the supports, where the H4 cloud unites with the day cross. Try to overcome them.

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.