EURUSD P Wave Range in Daily by IchimokuEURUSD Daily is in P wave by below Ichimoku confirmations.
- Senko span A and B (Kumo) flat
- Tenkan Sen and Kijun Sen withi Kumo
- Chiko Span close to the candles
Trade chance will be after P wave breakout.
Weekly chart shows bullish as price above Kumo and Kijun sen so it could break upwards.
Forexkei
EURJPY Bullish by IchimokuEURJPY Daily shows bull trend as below Ichimoku confirmations.
- Kumo Senko span A and B are up
- Kijun sen is up
- Tenkan sen is up
- Chiko span above the candles
The market is reaching to the previous high at 130.145 on 8th Nov, 2018.
And considering the fact that the Kumo is thin, it might consolidate at this level and retest.
Buying edge is after confirming a breakout or a bounce by a trend line.
GBPJPY continuously bullish by IchimokuGBPJPY shows a continuous bull market as below Ichimoku confirmations.
- Kumo (SSB, SSA) up
- Kijun sen up
- Tenkan sen up
- Chiko Span above candles
Now market is reaching at the psychological line of 150.000 which is the previous high from 18 May 2018.
Market might consolidate at this level, so needs solid risk management if you are looking for a buying edge here.
GBPUSD continuous bullish by IchimokuGBPUSD Daily shows a continuous bullish momentum as below confirmations.
- Kumo (Senko span A and Senko span B) up
- Kijun sen up
- Tenkan sen up
- Chiko span above the candles.
Market broke 1.3953 level from my previous analysis on 17 Feb and continuously bullish.
Next target is at 1.4377 weekly high. However if market breaks Kijun sen, better not to look for buy chance any more.
AUDUSD bullish by IchimokuAUDUSD Daily shows it's a continuous bullish momentum as it now broke 0.7821 level.
Also, additional bullish confirmations as below findings by Ichimoku.
- Tenkan sen and Kijun sen gold crossed above Kumo on 16th Feb
- Chiko span breakout happening
I also see P wave breakout in H4 and expecting a continuous bull market.
EURGBP continuously Bearish by Ichimoku Kinko HyoEURGBP Daily shows a continuous downtrend.
- Kumo (Senko span A and B) down
- Tenkan Sen down
- Kijun sen down
- Chiko Span below candles
As expected from previous analysis on 11 Feb, it's been going down and breaking the previous low on 30th April 2020 at 0.86708.
If the Daily candle close becomes below the level today, it can continue to go down.
XAUUSD (Gold) Weekly down trendGold Weekly chart shows bearish based on below Ichimoku confirmations.
- Tenkan Sen / Kijun Sen deadcross
- Chiko Span breakout
- lower lows / higher lows
Market can be continuously bearish if it breaks Kumo (Senko span B) at 1761.8 level which is also the previous low.
GBPUSD Daily BullishGBPUSD Daily timeframe shows a continuous bull trend based on below findings.
- Kumo (SSA, SSB) up
- Kijun sen up
- Tenkan sen up
- Chiko span above candles with nice gap in between
As we have Doji candle yesterday, better wait for a breakout at 1.3953, otherwise market can retrace back to Tenkan sen.
Stay Gold!
AUDJPY Daily Bullish. Reaching V and N targetsAUDJPY Daily timeframe shows continuous bullish based on below Ichimoku confirmations.
- Kumo (SSA, SSB) up
- Kijun sen up
- Tenkan sen up
- Chiko Span above candles
N wave from 21 Dec 2020 shows that the market is reaching towards V and N targets at 82.691 by Ichimoku Price Theory.
As for Time Cycle, between the lows on 21 Dec 2020 and 28 Jan 2021 is 27, therefore the next high can be 27 days or similar after 8 Jan 2021 which is 15 Feb.
Considering above findings, the market might reverse sometime this week. Otherwise it continuously goes up to E target of 84.276 which is the previous high from 2018. Look carefully at Kumo and Kijun sen angles this week.
GBPJPY BullishGBPJPY Daily shows strong bullish trend as per Ichimoku Kinko Hyo based on below confirmations.
- Senko span A and B up
- Kijun sen up
- Tenkan Sen up
- Chiko Span above price and Kumo
Stop loss:
It should be based on Tenkan Sen as market has been respected it twice as support.
Target:
Initial target to be 146.062 (body high on 16 Dec 2019) and ultimate target to be 147.971 (wick high on 147.971).
EURGBP bearish by Ichimoku Kinko HyoEURGBP is bearish as below confirmations by Ichimoku.
- Kumo bearish (SSA down)
- Kijun sen points down
- Tenkan Sen points down
- Chiko Span below candles
If market breaks below the previous low at 0.87365 then it's a sell chance.
SL should be above Tenkan Sen because it's been resisted as circled red.
Target should be 0.86815, previous low in weekly.