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.
USD/JPY: the yen breaks the trend
SELL 112.6 SL 113.15 TP1 111.6 TP2 110.6 TP3 109.25
On the daily chart of USD/JPY, bears try to move the pair out of the triangle and lower border of the upward channel. If they manage to succeed, the implementation of the "Three Indians" and 1-2-3 patterns' combination will happen. It will help bears to count on the break of the bullish middle-term trend and to continue pulling the pair towards the 88.6% target of the "Shark" pattern.
The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...
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) Next sell target - 0…