GBP/JPY
The situation has not undergone any significant changes. Having met support (weekly Kijun 141.83 + monthly Tenkan 142.00), the pair decided to perform the retest and return to the levels passed the day before. Resistance (the nearest daytime Tenkan 143.26 + day Senkou Span B 143.37) senior time frames in this situation joined forces in the area of the day cloud Ichimoku (143.37 - 144.81). Overcoming this zone can significantly affect the balance of power and will also create new goals and targets for players to improve. The return to support (141,83-142) opens the way for the continuation of the decline, while the landmarks are the weekly Fibo Kijun (140.35) and the target for the breakdown of the daytime cloud, reinforced by the lower boundary of the weekly Ichimoku cloud (139.24).
The main focus now is in the support area of 141.83 - 142, the breakdown will add to the bears advantages, as a result, it will be possible to expect testing of the minimum and the development of a new stage of decline. To the most important resistance of the older time intervals, it is possible to add a cloud of H4, so among the resistance zones today it is necessary to note 143,26-37 (Senkou Span A N4 + high-time levels) - 143,80 (weekly Tenkan) - 144,44 (Senkou Span B H4 + high-time levels).
EUR / JPY
The pair continues to interact with the resistance of the day cross (Kijun 129.71 + Fibo Kijun 130.11). The fastening above opens the way for testing the maximum extremum (131.39), the formation of a rebound from the resistances encountered will allow us to consider a reduction in the daylight support area, strengthened at the moment by the weekly Tenkan (127.52) and the monthly Fibo Kijun (127.73).
The key value is still concentrated in the area of the H4 cloud, which is now enhanced by the levels of the older time intervals (129.71-130.11). The breakout will form a new target (target for H4 cloud breakdown) and open the way to the maximum (131.39). In the case of a decrease in the bearish zone relative to the H4 cloud, we can note the support for lower halves at 129, and further the task of the bears will be to update the minimum extremum (128.04), the benchmark will be a downside target for the breakdown of the H1 cloud.
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.
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.