USD/JPY: dollar going to negative area

USD/JPY: dollar going to negative area

Technical levels: support – 190.30, 108.90; resistance – 109.60, 109.90.

Trade recommendations:

  1. Sell — 109. 50; SL — 109.70; TP1 — 108.90; TP2 — 108.50.

Reason: narrow bullish Ichimoku Cloud with horizontal Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen and the falling lines; Dollar is going to new lows and may breakdown the support of the Cloud.

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GBP/USD: pound supported by Tenkan-sen

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices are supported on Tenkan-sen and will continue the uptrend.

EUR/USD: euro looking for continue uptrend

Bullish Ichimoku Cloud, but falling Senkou Span A; a correctional dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are supported by Senkou Span B and returned to upper border of the Cloud.

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