On the daily chart, bears are trying to keep USD/JPY inside the long-term downtrend channel.
EUR/USD: euro goes to June’s lows
Technical levels: support – 1.1510; resistance – 1.1590.
- Sell — 1.1590; SL — 1.1610; TP1 — 1.1545; TP2 – 1.1510.
Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a strong dead cross of Tenkan-sen and Kijun-sen with falling lines; a market going down to extremums of June 2018, but it’s oversold now.
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…