EURJPY Ichimoku Kinko Hyo Analysis
Monthly:
Kijun-sen flat
Tekan-sen flat (Price bounce at Tenkan)
Kumo flat
Chiko above candles
Bullish Kyushu Ashi
Weekly:
Tenkan-sen; Kijun-sen overlap
Price is above both Tenkan-sen and Kijun-sen
Kumo flat
Chiko above candles
Bullish Kyushu Ashi appear => Price will be more likely sideway-up until next Kihon Suchi (17 April 2023)
Daily:
Tenkan-sen; Kijun-sen is up
Senko-span A cross Senko-span B upward (still need to watch)
Chiko above candles
Since Weekly Kyushu Ashi is bullish
=> In a long term till 17 Apr , price can reach the target given
Kijun-sen flat
Tekan-sen flat (Price bounce at Tenkan)
Kumo flat
Chiko above candles
Bullish Kyushu Ashi
Weekly:
Tenkan-sen; Kijun-sen overlap
Price is above both Tenkan-sen and Kijun-sen
Kumo flat
Chiko above candles
Bullish Kyushu Ashi appear => Price will be more likely sideway-up until next Kihon Suchi (17 April 2023)
Daily:
Tenkan-sen; Kijun-sen is up
Senko-span A cross Senko-span B upward (still need to watch)
Chiko above candles
Since Weekly Kyushu Ashi is bullish
=> In a long term till 17 Apr , price can reach the target given
Note
After big news in 15 March, price broke the support and went down
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.