EURUSD

eurusd4

This pair is slowly giving back what it has earned last Thursday, but real test will be at 1.0765-1.0740. We can find here Kijun-sen, Tenkan-sen, (0/8)P line and half of bullish candle. If EURUSD will stay above these levels the most probable will be going back to Senkou Span B 1.0997. Drop below Tenkan-sen will generate another sell signal. Chikou Span stays below chart and treat last gains like correction.

You can read Ichimoku strategy description here.

USDCAD

usdcad2

After few sessions of consolidation there was strong move upward and now support is at (8/8)P 1.3428 and Tenkan-sen 1.3403. If there will be no declines in the nearest time we should expect continuation of bullish trend firstly to 1.3550 and then 1.3672, where we can find (4/8)P line from weekly chart. The threat is that price still stays above bearish Kumo what often forces correction.

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AUDUSD

AUDUSD2

This is another time when AUDUSD couldn’t manage to break (+1/8)P 0.7385 resistance and after drop below Tenkan-sen 0.7277 it is on the way to Kijun-sen 0.7200. In the same time Chikou Span will reach support and Ichimoku lines and the bahaviour of AUDUSD is very important on this level. The last level of support is set as always by Senkou Span B 0.7160 and staying above these lines is a condition to AUDUSD going back to bullish trend.

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