NZDUSD

nzdusd6-1024x406

This pair is next to important support area – line (5/8)P 0.6470 which differs bullish trend from side one. As you can see on the chart, price already reacted to this level and it is important how Kiwi will react there. Resistance is set by Tenkan-sen 0.6358 and only breaking this level will set new local minimum. Chikou Span stays below chart and Ichimoku lines informing about bearish sentiment on NZDUSD. Next support is at (4/8)P 0.6348.

You can read Ichimoku strategy description here.

EURJPY

eurjpy2-1024x406

This pair started session next to (0/8)P 131.25. Horizontal Ichimoku lines can be first signal of correction on this pair. For this scenario signal will be close of daily candle above Tenkan-sen 131.92. Resistance will be set by (2/8)P 132.81 and Kijun-sen 133.69. If EURJPY will stay below Tenkan-sen next supports will be another Murrey lines 130.47 and 129.69.

YOU CAN TRADE USING ICHIMOKU STRATEGY WITH FREE FXGROW ACCOUNT.

USDJPY

usdjpy5

This pair again reached (7/8)P 123.44. Breaking this level will mean that price will come back to August highs and line (8/8)P 125.00. This scenario will be accurate until price will stay above Tenkan-sen 122.61.

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