EUR/GBP: bulls control the situation
On the daily chart of EUR/GBP, after a plenty of attempts, bulls have managed to pull the pair out of the upper boundary of the 0.87-0.89 consolidation.
USD/JPY: the Dollar on Cloud
Technical levels: support – 106.80; resistance – 107.50, 107.80.
Trade recommendations:
- Buy — 107.10; SL — 107.00; TP1 — 107.80.
- Sell — 106.70; SL — 106.90; TP1 — 106.00; TP2 — 105.30.
Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen, but falling Kijun-sen; the prices are on the Cloud’s support.
Tatyana Norkina
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Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen, the lines are horizontal.
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GBP/JPY broke support level 141.30
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