EURUSD

eurusd4

For a longer time EURUSD stays in consolidation but today H4 chart is now above bullish Kumo and Tenkan-sen crossed Kijun-sen. Chikou Span is still below chart and we need breaking (5/8)P 1.0895 line to activate buy order. The range is line (8/8)P 1.0986. Decrease of price below Senkou Span B 1.0839 will negate this scenario.

You can read Ichimoku strategy description here.

AUDUSD

audusd3

Here we have another sell signal. Price decreased below Tenkan-sen 0.6955 and together with Kijun-sen 0.6979 it created resistance area. Chikou Span is below chart and Ichimoku lines what confirms signal. If this setup will be kept we should expect decreases to (0/8)P 0.6836.

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GBPUSD

gbpusd1

Similar but not the same situation we have on GBPUSD. Here the distance between Tenkan-sen and Kijun-sen cause that we should close sell signal already at 1.4405. It can be a sign of correction to second Ichimoku line 1.4477. Keeping price below Tenkan-sen will cause test of last low 1.4351 and then (5/8)P 1.4283 line.

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