Welcome in the review of most interesting currency pairs using Ichimoku trading technique. Yesterday I showed 4 signals, which were really profitable. Unfortunately, today markets do not give us so many trading possibilities. Here we go:
AUD/JPY:
Currency pair went up and stopped just before the first TP level which was shown yesterday. For now, the direction is clearly upward and you can look for potential buy signals after corrections.
AUD/NZD:
Possible buy signal for this pair. In fact, a rebound from the Kijun line allows to open long positions with a stop loss below the last minimum (20 pips).
EUR/JPY:
Here, in the case of breakthrough over the Kumo the weak buy signal will occur. The current correction may create a hole, under which it will be possible to put the SL. For now though, we have to wait for the closing of the demand candle above the Ichimoku cloud.
GBP/AUD:
After the yesterday’s signal the currency pair continued to decline. Todya’s small upward correction stopped at Kijun line and another downward candle can give another sell signal. However, be careful and look for close technical support and support from the upper Kumo limit (D1).
