On the daily chart of USD/JPY, there is the rally to 200% target of the AB=CD pattern.
GBP/USD: prices are fixed on Cloud
Technical levels: support – 1.2480; resistance – 1.2530, 1.2580.
1. Buy — 1.2480; SL — 1.2460; TP1 — 1.2530; TP2 — 1.2580.
Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A; a weak dead cross of Tenkan-sen and Kijun-sen; rising Tenkan-sen; the prices are in the support of Senkou Span A.
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…