EURUSD

Yesterday there was a rebound of Kumo bottom and (4/8)P 1.0864 line, price broke Tenkan-sen and Kijun-sen resistance and reached to (7/8)P 1.0956. Now both Ichimoku line 1.0910 and Senkou Span B 1.0895 created support area. If this area will be defended today, we can expect EURUSD going back to (8/8)P 1.0986 and then weekly Kijun-sen 1.1116. Decrease below Senkou Span B will be a signal of EURUSD going back to side trend.

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GBPUSD

Bearish trend on GBPUSD is so far unstoppable. Price is moving around (0/8)P 1.4160 line. Because this is often target level of bearish trend, we should be careful and wait for test of resistance area 1.4243-1.4287. If GBPUSD won’t break these levels, then there will be another test of Murrey lines 1.4099 and 1.4038. Break above Kijun-sen 1.4287 will be a signal of correction to Senkou Span B 1.4386.

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USDCAD

We have similar situation here. Price reached to (8/8)P 1.4648 resistance. Support is more than 100 pips lower. It is set by Tenkan-sen 1.4542 and Kijun-sen 1.4496. Next resistances: 1.4710 and 1.4893.