EURJPY

eurjpy-1024x442

EURJPY cannot break Senkou Span B 135.61 resistance again and price is getting closer to support area 134.82-134.57 set by Kijun-sen and Tenkan-sen. Setting of Ichimoku lines still prefers further decreases on EURJPY, where signal will be close of daily candle below Tenkan-sen. However we should be always ready for coming back of this pair to side trend. The range is set by Murrey lines: for correction 136.72 and 137.50, and for bearish trend 133.59 and 132.81.

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GBPJPY

gbpjpy-1024x442

The pair found support at (0/8)P 181.25 and the price is above Tenkan-sen 182.53. If GBPJPY will stay above this level it will probably go back to balance level – Kijun-sen 184.31. What’s more, Senkou Span B for a longer time stays in horizontal position what should promise correction of bearish trend.

NZDUSD

nzdusd-1024x442

NZDUSD broke out of bearish Kumo and now price reached consolidation area in which it stayed all July. The support is at 0.6525 and resistance is (7/8)P 0.6714 line. Tenkan-sen crossed Kijun-sen, Chikou Span is above chart and Kumo changed color to bullish. If we take a look at weekly chart, if the price will stay above Tenkan-sen 0.6420 there is possibility of strong rebound to Kijun-sen 0.6933.

You can read Ichimoku strategy description here.

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