GBP/JPY is choosing the way
GBP/JPY has been moving up since the start of January. The pair broke out of a bullish flag and reached new highs in the 145.00 area.
GBP/USD: uptrend is actual yet
Technical levels: support – 1.4080; resistance – 1.4180, 1.4250.
Trade recommendations:
- Buy — 1.4130; SL — 1.4110; TP1 — 1.4180; TP2 — 1.4250.
Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the narrowing channel Tenkan-Kijun; the prices returned into the cloudy area.
Tatyana Norkina
Similar
USD/CHF can go lower
USD/CHF is indecisive between 1.0025 and 0.9985, where it consolidated for 2 days.
USD/JPY: intraday trading
Volatility has greatly diminished in USD/JPY. The pair is consolidating in a narrow range on H4, and a breakout is coming.
Latest news
EUR/USD: local 'V-Top' pattern
The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...
GBP/USD: pound entered into channel Tenkan-Kijun
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.
AUD/CAD falling inside impulse waves 3 and (C)
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…
Deposit with your local payment systems
