Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Kijun-sen.
EUR/USD: bulls built strongholds
On the EUR/USD daily chart, the bears successfully attacked the bulls' strongholds located near 1.0635. The immediate support is located near 1.05. If it is broken, the "Shark" pattern with target 88.6% will be activated.
On the EUR/USD hourly chart, after near-term consolidation, there is a continuation of the downtrend. "Bulls" will try to defend 1.058, 1.054 and 1.0495 levels. From each of these levels, a rebound is possible.Then, there will be a development of the correction. The nearest resistance level can be found near 1.0635.
Narrow bullish Ichimoku Cloud with falling Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen.
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen.
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…