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 supported by Cloud
Technical levels: support – 1.1770; resistance – 1.1830.
- Buy — 1.1800; SL — 1.1770; TP1 — 1.1875; TP2 – 1.1930
Reason: bullish Ichimoku Cloud, horizontal Senkou Span A; a weak dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are in positive area and may continue growing up.
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...