Comment: GBPUSD Daily timeframe shows downtrend by Ichimoku after breakout of previous support level. Ichimoku Trend Analysis: - Kumo (Senko span A and B) down - Kijun sen down - Tenkan Sen down - Chiko Span below candles Next Scenario: After breakout of 1.3669 market continues to be bearish down to the next support level of 1.3565.
Lots of volatility during the drop today but by the end the S&P 500 Futures had closed to hold the Ichimoku Kijun Sen (50% of the last month's move)
Comment: EURJPY Daily timeframe shows downtrend by Ichimoku Trend Analysis. Ichimoku Trend Analysis: - Kumo (Senko span A and B) down - Kijun sen down - Tenkan Sen down - Chiko Span below candles Next Scenario: Market is breaking the previous support at 129.58 level. Also the market has been resisted by Tenkan Sen and continuously bearish. As long as market...
Comment: CADJPY H4 is continuously trending down as per below Ichimoku confirmation. Ichimoku Trend Analysis: - Kumo (Senko span A and B) down - Kijun sen down - Tenkan Sen down - Chiko Span below candles Next Scenario: Market is trending down in H4 and lower timeframes. Initial target is on 86.01 level.
Comment: GBPAUD Daily timeframe shows bullish trend by Ichimoku Ichimoku Trend Analysis: - Kumo (Senko span A) up - Kijun sen up - Chiko Span above candles Next Scenario: Market has been bullish above Tenkan sen. Daily resistance is near at 1.8662 level, better to wait until market breaks the level for buying edge.
Comment: USDCAD Daily timeframe shows bullish trend as per below Ichimoku confirmations. Ichimoku Trend Analysis: - Kumo (Senko span A) is up - Kijun sen up - Chiko Span above candles Next Scenario: After P wave breakout market has been bullish above Tenkan sen. Market is heading towards resistance level of 1.2645 level.
Comment: EURGBP Weekly timeframe shows down trend as per below Ichimoku confirmations. Ichimoku Trend Analysis: - Kumo (Senko span B) down - Kijun sen down - Tenkan Sen down - Chiko Span below candles Next Scenario: Waiting for Daily support breakout at 0.8530 level.
It is just an analysis. Do your trade with your plan. For next 24 hours the Kijun-sen will be at equilibrium and so Tenken-sen. Price is under Tenkensen and KijunSen and all of them are under Kumo cloud so there is a strong resistance. Future komu cloud is descending and Chiku-Span is in a open area, so all of them tell us: most probably there is a down trend...
Today's down move tested the middle of the consolidation following the pullback to the Daily Ichimoku cloud for NASDAQ:HSIC . This confirms a long trade to retest the major high.
Comment: AUDUSD Daily timeframe shows downtrend as per below Ichimoku trend confirmation. Ichimoku Trend Analysis: - Kumo (Senko span A and B) down - Kijun sen down - Tenkan Sen down - Chiko Span below candles Next Scenario: Market breaking the support of 0.7462 level and possible continuation of downtrend. Ultimate target to be at 0.7253 level.
Gold is acting exactly as predicted, going UP!! Watch video to see what I think about future movements.
The chart explains itself we can see beautiful psychological or key levels which have been respected as a gentleman. Don't forget to leave a like and comment.
As mentioned on my last Gol Analisys we are observing reverse head and shoulders pattern. Gold made a nice deep to close the gap and now third day in a raw growing nicely. We should be carefull at SSB (Senkou-span B/2) but once it will enter the kumo back we might see pullback all the way to Kijun. There is quite of a movement ahead of us so a lot of opportunities...
As we can see on the chart , there is a "dead crooss" happened in Ichimoku in weekly timeframe that is very important. like other dead crosses in this timeframe, we can expect a major correction (can be up to 90%). I think accumulation zone must be between 13k and 20k which is a good opportunity to have a good buy. All of this depends that the "dead cross"...
TSLA will face a really strong resistance soon. Is it able to defeat the resistance? Watch carefully. Descending trend line, 50 % Retracement of last drop and Kumo flat of Ichimoku system have made a strong alliance to push the TSLA back down. Moreover stochastic indicator is in overbought zone in daily time frame. It is worth to note that general trend of TSLA...
Comment: EURGBP broke support level of 0.8543 and showing downtrend in H4 Ichimoku Trend Analysis (H4): - Kumo (Senko span A and B) down - Kijun sen down - Tenkan Sen down - Chiko Span below candles Next Scenario: Strong breakout after the support breakout. Wait for a retracement to sell. Also watch out EUR and GBP news today.
Comment: USDJPY is up as per Ichimoku Trend Analysis at near Daily resistance level. Ichimoku Trend Analysis: - Kumo (Senko span A and B) up - Kijun sen up - Tenkan Sen up - Chiko Span above candles Next Scenario: Market is moving up within a channel and it's reaching near Daily resistance level of 110.979. Look for a buying edge after the resistance breakout.
Doge at the support but in my humble opinion we will continue falling unstill te end of the week. Watch the video to get all the details.