On the daily chart, bears are trying to keep USD/JPY inside the long-term downtrend channel.
AUD/USD: aussie in negative mood
Technical levels: support – 0.7340; resistance – 0.7380
- Sell — 0.7360; SL — 0.7380; TP1 — 0.7310; TP2 — 0.7270.
Reason: expanding bullish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen, but horizontal lines; a market corrected to resistance of Tenkan-sen and Kijun-sen and may continue downtrend.
On the daily chart, EUR/JPY reached 88.6% target of the “Bat”.
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen with horizontal lines.
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…