GBP/JPY Technical Trend Today
The pair managed to recover the dead day cross the line which currently are the major resistance (170.69 Tenkan, Kijun 171.25). Initially, this cross is weak because there is no confirmation from the other elements of Ichimoku-emerging cloud bullish, the pair is above the clouds in a bullish zone , Chinkou not yet broken through the price chart. If you manage to cross the goal and settle up, then we can expect the players to increase again will attempt to develop a retreat from the weekly Tenkan (170.29) and cut correctness.
Idea and development opportunities for senior events Halves fully converge and combine with the testimony of the younger half. Scenario of upward movement can be described as - breakdown clouds H1 (SSB 170.69)-cloud computing, H4-H4 sample clouds (SSA 171.37) and fluorescent Cross ( 171.25 ) - formed to work toward goals at halftime breakdown clouds junior-senior halftime continuation of the trend.
EUR/USD Trend Today
Today EUR/USD has support and resistance at 1.3625 and 1.3717. The rate is accompanied by strong support at 1.3612 and by 1.3730 as strong resistance. If EUR/USD breaks out and closes below the 1.3603 level today, then it will indicate considerable bearish strength. Meanwhile, if EUR/USD manages to break out and closes above the 1.3739 level, then it will denote high bullish strength. Alternatively, for advance traders, you can trade in a way to open a BUY position at the level of 1.3638 and at 1.3704, a SELL position. In this case both targets should be placed at the level of 1.3671.
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