NZD/JPY has performed well this month forming higher lows and highs. It was supported by the 50-day MA in July and took off from that level.
EUR/USD: euro still on daily support
Technical levels: support – 1.1545; resistance – 1.1620.
- Buy — 1.1545; SL — 1.1525; TP1 — 1.1620; TP2 – 1.1650
Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are still on daily support on 1.1545 and may go to correction.
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
GBP/JPY reversed from resistance zone Next sell target - 149…
If we see a pullback from the lower 'Window', the pair is likely going to test the nearest Moving Averages...