EURUSD

eurusd7

This pair found strong support again, this time on (1/8)P 1.0803 line. So far price reached to Senkou Span B 1.0931 resistance and the next resistance ass set by Kumo top 1.0982. Support is in 1.0902-1.0877 area created by Kijun-sen and Tenkan-sen. Breaking these levels will be a sign of going back to D1 Kijun-sen 1.0780.

You can read Ichimoku strategy description here.

USDJPY

usdjpy5

Strong rebound from resistance (6/8)P 123.44 caused USDJPY going back to Kumo bottom 120.83. Chikou Span is in Kijun-sen area what can cause going back to Tenkan-sen 121.95. Break below from cloud will be a signal of continuation of decreases and next strong support is set by (0/8)P 118.75.

YOU CAN TRADE USING ICHIMOKU STRATEGY WITH FREE FXGROW ACCOUNT.

Error, group does not exist! Check your syntax! (ID: 3)