GBP/JPY has been moving up since the start of January. The pair broke out of a bullish flag and reached new highs in the 145.00 area.
AUD/USD: aussie going higher
Technical levels: support – 0.7820, 0.7850; resistance – 0.7990.
- Sell — 0.7990; SL — 0.7810; TP1 — 0.7910; TP2 — 0.7850.
Reason: bullish Ichimoku Cloud with extremely rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices are on the new 2Y-highs, but under the strong daily resistance.
The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…