GBP/JPY

Interaction with the daily Tenkan (145,79) continues. Yesterday, the players on the fall did not manage to form a retreat after the retest, thus the opponents increased the chances of further recovery of positions. If the players on the rise can take hold of the support of the daily short-term trend, we can expect further progress to the maximum extreme of correction (147.75), with the subsequent recovery of the trend on the daily and weekly timeframes. The supports are currently located at 144.95 (daytime Fibo Kijun) - 144.10 (daytime Kijun) - 143.20 (Weekly Tenkan).

Having overcome the daytime Tenkan (145.79), the pair rose to the most important resistance zone of the lower halves, 146.30-50 (target H1 + cloud H4). The breakdown of the zone and secure anchoring above will add value to the players on the rise and form an upward target for the H4 cloud breakdown. The target's performance will lead to a pair to test the maximum of 147.75. The area around the daily Tenkan (145.79) can now serve as a zone of attraction, among the supports today we can note 145.45 (Fibo Kijun N4 + cloud H1) - 144.95-145.10 (the final borders of the cross N4 + daytime Fibo Kijun) - 144.10 (daytime Kijun).

EUR / JPY

Players on the increase retain the achieved positions but to achieve more, there are not enough forces yet. The main task for bulls is to update the high (130.76) and restore the uptrend. The support zone 129,00-57 (day Tenkan + monthly Fibo Kijun) still has a key value. The breakdown of the zone and the anchoring below will shift the preponderance of forces to the side of the bears, as a result of which one can expect a continuation of the corrective decline.

At the moment, we observe braking, the center of attraction and support is Tenkan H4 (130.26) and cross H1. Now, the support of the Ichimoku indicator on the players' side is on the rise, but consolidation below 130.26 will change the balance of power and form the conditions for a downward correction on the lower times. In this case, a key support zone, uniting the levels of the senior and junior time intervals (129.57 - 129), will serve as a benchmark for the decline.

Indicator parameters:

All time intervals 9 - 26 - 52

Color of the indicator lines:

Tenkan (short-term trend) - red,

Kijun (medium-term trend) - green,

Fibo Kijun - green dotted line,

Chinkou - gray,

Clouds: Senkou Span B (SSB, long-term Trend) - blue,

Senkou Span A (SSA) - pink.

Color of the additional lines:

Support and resistance MN - blue, W1 - green, D1 - red, H4 - pink, H1 - gray,

Horizontal levels (not Ichimoku) - brown,

Trend lines - purple.