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GBPJPY bullish momentum by IchimokuComment GBPJPY Daily timeframe shows bullish momentum as per below Ichimoku confirmations. Ichimoku Analysis - Price above Kumo, Kijun sen, and Tenkan sen. - Chiko Span above candles - Senko span B is bullish Next Scenario Daily timeframe shows market is in a middle of breakout of previous resistance at 152.55 level. Better wait for a candle close will be above the resistance by the end of today's NY session. Once it breaks, then it could reach up to 153.86 level which is previous high from last March 2020. If it doesn't break, then market could retrace back to Kijun sen in Daily chart.
Long
by ForexKei-Official
CADJPY continuously up after Forecast Line break by IchimokuComment CADJPY Daily shows continuously bullish trend as below Ichimoku confirmations. Ichimoku Confirmations - Kumo (Senko span A) is up. Kumo itself is bullish and thick. - Kijun sen is up - Chiko Span above candles - Forecast line breakout happens today Next Scenario - Market could retrace at the previous resistance level as well as round number at 88.00 - If it breaks the resistance, then market could continue to be bullish until 20th April which is the next Henka Bi.
Long
by ForexKei-Official
3
USDJPY continuously bullish by IchimokuComment USDJPY Daily chart is breaking the resistance line at 109.81 and shows continuous bullish trend as per below Ichimoku confirmations. Ichimoku Confirmation - Kumo (Senko span A and B) up - Kumo itself is long and thick - Kijun sen is up - Tenkan sen is up - Chiko span above candles Scenario - Since it is "breaking" the resistance at 109.81 on Daily timeframe, better wait for candle close today. And if candle close will be above 109.81, then we can look for buying edge from tomorrow. - H4 "broke" the resistance, so it looks a stable uptrend. Most likely Daily will close above 109.81 level today. - The next target is 111.75 level resistance from 24 Mar 2020.
Long
by ForexKei-Official
3
GBPJPY under temporary retracement by IchimokuGBPJPY Daily chart shows the market is under retracement as below Ichimoku confirmations. - Kumo (Senko span B) flat) - Kijun sen flat However the market is still in bullish momentum as below. - Thick bullish Kumo - Tenkan sen is still up - Chiko span above the candles Below is the next possible scenarios. 1. If market will be supported by the trend line, it could break the previous Doji high and reach up to 153.00. 2. If market breaks the support line and Tenkan sen, it could go down back to Kijun sen at 148.1 level.
Long
by ForexKei-Official
2
Gold shows temporary retracenment by IchimokuGold Daily chart shows a temporary retracement by below Ichimoku confirmations. - Kumo (Senko span A and B) flat - Kijun sen flat - Tenkan sen flat Chiko span is below the candles so the momentum is still bearish. Below are the next possible scenarios. 1. Price will be resisted by the trend line and continues to go down 2. Price will be resisted by Kijun sen and continues to go down However, if market breaks the Kijun sen, Chiko span could touch the candles and the market will be in a range.
OANDA:XAUUSDShort
by ForexKei-Official
1