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: yen is fighting for the initiative
TP1 106.60 TP2 105.35 TP2 103.20
On the daily chart, USD/JPY bulls managed to return the pair to the previous long-term consolidation range of 107.35-115.50. Father fate of the yen will depend on the results of the fight for 107.35. The necessary condition for the downtrend’s resumption is the pair’s decline below support at 106.60.
On H1, USD/JPY formed several inside bars. This points at the uncertainty. To continue the decline bears have to keep the pair out of uptrend channel.
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…