EURUSD

eurusd1-1024x442

On Friday’s session EURUSD broke above 1.1273-1.1280 area created by Kijun-sen and Senkou Span B. Chikou Span is above chart and Kumo is bearish what indicates side trend. First resistance is at area set by monthly R1 and weekly R1 1.1394-1.1438. It is also top from September 18th and breaking this level will mean continuation of gains to weekly R2 1.1520 and maybe even 1.1612-1.1653 area where monthly R2 and weekly R3 is. The only condition is keeping EURUSD above pivot 1.1304.

YOU CAN TRADE USING ICHIMOKU STRATEGY WITH FREE FXGROW ACCOUNT.

AUDUSD

audusd2-1024x442

On AUDUSD Tenkan-sen crossed Kijun-sen generating buy signal and price is currently next to upper band of Kumo 0.7322. Support is created by weekly pivot 0.7242 and then WS1 and Senkou Span B 0.7140. First resistance is set by weekly R1 and mothly R2 0.7438 and then weekly R2 0.7542.

You can read Ichimoku strategy description here.

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