AUDNZD

If we want to join the trend, the best solution is to wait for correction to Kijun-sen area. This is what happened today on AUDNZD. We should set pending sell order below Tenkan-sen. First resistance is set by (1/8) 1.0376 line and then Tenkan-sen 1.0448. Target level is (0/8) 1.0254.

You can read Ichimoku strategy description here.

audnzd

GBPJPY

Sell signal also here but correction took form of side movement. Resistance is set by 130.75-131.25 area created by Tenkan-sen and (5/8) line. If this area will be broken, it will be sign that correction of bearish trend didn’t end yet. Next support level is set by (4/8) 125.00.

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EURGBP

Similar situation over here but in this case it is buy signal. Support is at Tenkan-sen 0.8551 and (3/8) 0.8544. Another resistance is at 0.8789.

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Propagator of Japanese investment methods, from more than 20 years active financial markets investor. He worked as a trader and analyst at brokerage houses in Poland, Great Britain and United States. He provides lectures about investing system structures and investment psychology based on Ichimoku Kinko Hyo strategy.