Gains on USDPLN which started on August 25th this year have lost their momentum and price stopped next to line (8/8)P 3.8086. Although Tenkan-sen above Kijun-sen is a signal to buy this pair, but Chikou Span is in dangerous place next to price candles. USDPLN probably firstly will be in consolidation with support levels Tenkan-sen 3.7535 and Kijun-sen 3.7406. If the price will stay above these levels (8/8)P 3.9062 on weekly chart is in range.



On GBPPLN for two weeks we have consolidation and price is currently getting close to first resistance Kumo 5.8149. Breaching this level will mean going back to 5.8622 where is Kijun-sen and Senkou Span B. Here we should look for ending gains formations or breaching resistance because this is the level separating uptrend from downtrend. For now all Ichimoku lines inform about dominating downtrend and drop below Tenkan-sen 5.7787 will mean drop to (0/8)P 5.6641.



On EURPLN we have signal to buy after breaking Tenkan-sen 4.2263, but here gains don’t have dynamics too. Price will stay above down Kumo for another 6 sessions, so we can have longer term of consolidation with support at Kijun-sen 4.2003. Target levels for this phase of uptrend are (7/8)P 4.2725 and (8/8)P 4.2969 lines.

You can read Ichimoku strategy description here.

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