On the daily chart of EUR/GBP, after a plenty of attempts, bulls have managed to pull the pair out of the upper boundary of the 0.87-0.89 consolidation.
AUD/USD: aussie bounced from SSB
Technical levels: support – 0.7370, 0.7400/10; resistance – 0.7450.
- Buy — 0.7430; SL — 0.7410; TP1 — 0.7470; TP2 — 0.7500.
- Sell — 0.7400; SL — 0.7420; TP1 — 0.7340; TP2 — 0.7310.
Reason: narrowing bearish Ichimoku Cloud, rising Senkou Span A and horizontal Senkou Span B; a cancelled golden cross of Tenkan-sen and Kijun-sen; the prices are under Tenkan-sen and Kijun-sen.
On the daily chart of EUR/USD, the downward triangle is forming.
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen, the lines are horizontal.
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141…
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…