Comment: AUDUSD is down on both weekly and daily timeframes. Ichimoku Trend Analysis (KTS): - Kumo (Senko span A and B) down - Kijun sen down - Tenkan sen down - Chiko span below candles Next Scenario: Market may continue to down till 0.6251 (Apr 2020 support)
Good start to the week, As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used in support other indicators that we developed and released Open Source, you can find them at the end of the analysis. Trend: Kumo has been red for 30 days and is...
Comment: EURUSD both Weekly and Daily timeframes show the market is downtrending. Ichimoku Trend Analysis (KTS) on Daily timeframe: - Kumo (Senko span A and B) down - Kijun sen down - Tenkan sen down - Chiko span below candles Next Scenario: The market has been resisted by Weekly descending trend line. However market may reverse for the next couple of days...
Comments: USDCAD Daily timeframe shows a bull trend by Ichimoku. Ichimoku Trend Analysis: - Kumo (Senko span A) is up - Kijun sen is up - Tenkan sen is up - Chiko span above candles Next Scenario: Market is bullish today. The ultimate target is 1.36515. There are a resistance area between 1.33928 and 1.34216 from Sept and Oct 2020 so market might reverse temporarily.
As this pair keeps forming lower low I think it is better to trade this with sell position. Sell the rally would be a wiser approach. Area sell is would be around 1.11906 (senkou a), 1.13621 (senkou b) or sma 50 1.14323. Then what if the price keeps breaking low without correction? Everytime it forms new low if you wanna buy it, risk only 1-2% from your capital....
Comment: GBPUSD Daily timeframes show a continuous downtrend. Weekly timeframe also shows downtrend. Ichimoku Analysis: - Kumo (Senko span A) is down - Kijun sen is down - Chiko span below candles Next Scenario: Ichimoku targets are as below. - NT target: 1.1192 - V target: 1.1057 - N target: 1.0863 - E target: 1.0516 (Support from 1985 Feb)
Weekly Ichimoku Kinko Hyo forecast lines might confirm a return of the price to the low price of the japanese candlestick from which these forecast lines are drawn, so 17622 usdt.
Comment: Market is retracing to Daily Kijun sen. Ichimoku Analysis on Daily timeframe: - Kumo is flat - Kijun sen is flat Next Scenario: H1 is currently up, targeting to Daily Kijun sen of 1.1841. But please note that there is a reversal level (previous support became resistance level) on 1.1760 which is very close. So the market may be resisted there and go...
Comment: Market is bullish based on Daily timeframe according to Ichimoku KTS Analysis. Ichimoku KTS Analysis: - Kumo (Senko span A) up - Kijun sen up - Tenkan sen up - Chiko span above candles Next Scenario: The target is 151.867, a resistance since 1979. Kumo is thick and long so the uptrend looks be continuous.
D1 chart is still bearish despite yesterday spike. From lower TF chart m15, just now the chikou below the cloud and the candle currently running below the cloud. It is bearish indication. Stop for this trade is around 1730. With the potential target profit around 1710-1712
Hello traders this is my confusing but maybe interesting Idea about Gold I really considered many things plz see my previous analysis !
Happy midweek, As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used in support other indicators that we developed and released Open Source, you can find them at the end of the analysis. Trend: Kumo is back in the red again, now 5 days but...
Sudden spike of gold yesterday just didn’t impress the bullish party(at least I am one of them who didn’t impress). So in my opinion this time gold has good chance to break below 1700 area again or at least test 1711 price. I prefer to put pending order to sell around the area I have defined s selling zone. My personal target profit zone is somewhere around...
After the rally from the low eurusd stucks around 50-38.2 area of fibo. And it finds barrier to go further upside after hitting SMA 50. Meanwhile the ichimoku is still showing bearish trend. So I have defined a suitable zone to sell and possible area to take profit, it is at least below 0.99. Trade well and wisely.
Not the best idea to trade USD/JPY because shaded areas of Ichimoku cloud are low/tight so we don't trade it however there are some clouds that are big and we can trade them because we have 3 yes opinions before making a decision, this means we have 3 indicators that are going well and its something we are looking for. An example is if we are looking for a sell...
H1 chart is indicating the potential for EurCad to test belo 1.3 again. Ichimoku is indicating besrish pressure. For this trade I would stop a bit ABOVE SMA 50. The potential take profit area is around 1.2960-1.2910. Trade well and wisely…
The way I see audusd is bearish trend? Why? Yesterday it broke below MA 50 with huge moment, which it was bearish engulfing candle (blue circle). Second reason is macd cross downward and the current value is below 0 (yellow circle). 3rd reason is the future cloud just started into bearish. Senkou a is pointing lower and it is below senkou b (red circle). My...
For this week, 15 to 19 Aug 2022 for oil market I still prefer to sell as the daily chart is still indicating bearish trend. Last week whenever price managed to rise above SMA 50 it failed to stay above. Future could is also still bearish. So I defined the selling zone with stop area and the possible target profit zone. Trade well and wisely.