GBP/JPY
The pair performed the retest of the punched Tenkan (145,79). For players on the downside, it is now desirable to maintain the support of the daily short-term trend and stay in the correction zone. The potential of the weekly divergence keeps the reduction targets to the levels of the weekly cross (Tenkan 143.20 + Kijun 141.83). The fastening above Tenkan (145.79) may help complete the decline, which will create conditions for the recovery of the uptrend.
The pair reached the previously noted important resistance 145.79 (day Tenkan) and just above is the most significant zone of resistance of the lower halves. It combines the testing of the H4 cloud and the full development of the target at the breakdown of the H1 cloud (146,30-50). Overcoming this zone will restore the long-term support of bulls by younger timeframes and will contribute to the emergence of new benchmarks. Among the supports today, it is necessary to note the 145,10-20 (cross N4 + the final borders of the cross H1 + cloud H1). The descent below will weaken or completely eliminate the emerging opportunities for players to increase at 144.72 (the final crosses of the cross N4 + daytime Fibo Kijun). The support and closing of the day in this area will form a cut-off from the day's Tenkan and return the advantages of younger times to bears.
EUR / JPY
The pair continues to stay above the key support zone of 129.00-57 (day Tenkan + month Fibo Kijun), while the players on the rise do not leave attempts to regain a daily short-term trend. Having fixed above, they can count on testing the maximum extremum of the correction (130.76). In case of exit from the correction zone and when the upward trend is restored, the role of the upward guidance will again belong to the weekly target at the breakdown of the cloud (132.09 - 134.59).
The support for the senior half was stronger. The monthly level of 129 did not allow to work out the descending goals of the lower half, but the ascending goals are being worked out well. The main task of players to upgrade now is to update and overcome the maximum extremum (130.76). The current support is 129.91 (Kijun H1 + Tenkan H4), then its values and strength have not lost 129.57 and 129.
Indicator parameters:
All time intervals 9 - 26 - 52
The color of the indicator lines:
Tenkan (short-term trend) - red ,
Kijun (mid-term trend) - green,
Fibo Kijun - green dotted line,
Chinkou - gray,
Clouds:
Senkou Span B (SSB, long-term trend) - blue,
Senkou Span A (SSA) - pink.
The 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.