It seems that BTC/USD formed a “double top” after it had met resistance at the 61.8% of the 2017-2018 decline in the 13,500 area.
USD/JPY: dollar returned to Cloud
Technical levels: support – 112.50; resistance – 113.00
- Buy — 113.10; SL — 112.90; TP1 — 113.80; TP2 — 114.50.
- Sell — 112.60; SL — 112.80; TP1 — 112.00; TP2 — 111.00.
Reason: bearish Ichimoku Cloud with horizontal Senkou Span Aand B; a golden cross of Tenkan-sen and Kijun-sen, but narrowing channel of Tenkan-Kijun; the prices returned to support of the Cloud.
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
GBP/JPY reversed from resistance zone Next sell target - 149…
If we see a pullback from the lower 'Window', the pair is likely going to test the nearest Moving Averages...