On the daily chart of USD/JPY, there is the rally to 200% target of the AB=CD pattern.
GBP/USD: pound broke free
TP1 1.349 TP2 1.352 TP3 1.3585
On the daily chart, GBP/USD bulls managed to settle above the upper border of the 1.3045-1.3320 consolidation range within “Spike and ledge” pattern. If the pair renews November high, the odds of the rally’s continuation will increase.
On H1, after GBP/USD reached targets of “Three Indians”, 1-2-3 and “Shark”, there’s a transformation of the latter to 5-0. The pound’s advance above 78.6% and 88.6% of the wave CD means that bulls are in control of the situation.
On the daily chart of EUR/JPY, the pair keeps going up to 127.2% and 88.6% targets of “Perfect butterfly” and “Shark” patterns.
Expanding bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new 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…