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: wedge stopped the bulls
SELL 110,9 SL 111,45 TP 109,6,
BUY 111,6 SL 111,05 TP 112,8.
On the USD/JPY daily chart, the bulls faced the resistance at 111.55. If it is tested successfully, there will be the continuation of the rally and the implementation of the targets in the"Wolf Waves" pattern. The nearest important support can be found near 110.5.
On the USD/JPY hourly chart, the expanding wedge pattern was formed, then, the pair moved into the consolidation phase. To restore the uptrend, a test of the strong resistance at 111.6 is needed. In contrast, a drop of quotes below the support at 110.9 will lead to the development of the correction.
On the daily chart of EUR/USD, the downward triangle is forming.
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen, the lines are horizontal.
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141…
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…