Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but narrowing channel Tenkan-Kijun; the market is in correction phase.
Recommendation: BUY 112…
Recommendation: BUY 136…
GBP/JPY broke resistance zone Next buy target - 156…
It's likely that the pair is going to reach the 89 MA soon. If a pullback from this line happens...
There's a "Shooting Star", so the market is likely going to test the lower "Window" in the short term...
The pair is likely going to test the lower "Window", which could act as support...
Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling lines; the prices reached new lows and the market is oversold.
The demise of the US dollar continues…
There isn't any reversal pattern so far, so the price is likely going to continue moving down...
Bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling lines; but the market is oversold and placed on the strong daily support.
We should keep an eye on the closest support area as an intraday target...
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