EUR/USD: price going to test nearest support

EUR/USD: price going to test nearest support


Bulls faced with resistance at 1.1949, so the market is likely going to test the nearest support area at 1.1909 - 1.1879. If a pullback from this area happens, we could have another upward price movement towards the next resistance at 1.1975 - 1.2003.


The price is consolidating between the levels 1.1914 1.1941. It's likely that the pair is going to achieve the closest support at 1.1897 - 1.1879. However, if we have a pullback from these levels, we should keep an eye on another resistance at 1.1979 - 1.2003 as the next bullish target.




USD/JPY: dollar is corrected to Kijun-sen

Expanding  bullish Ichimoku Cloud with rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen; the prices are returned to the support of Tenkan and Kijun and may go higher.

USD/JPY: dollar can’t breakout SSA’s resistance

Narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the Bulls can’t breaking out the resistance of upper border of the Cloud and the market may return to 113.00.


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