USDJPY broke the resistance levelComment:
USDJPY broke the resistance level of 145.9 where BOJ intervened, and showing continuous uptrend.
Ichimoku trend Analysis (KTS):
- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko span above candles
Next Scenario:
- Market can go up to 147.7 which is the resistance way back in Aug 1998.
- Once it breaks, possible to go up to 150 level.
- BOJ might intervene again, especially when it gets closer to 150 level.
- Watch out US CPI
Ichimoku Cloud
AUDUSD reached the target, still downtrendingComment:
AUDUSD reached the target of 0.62519 and is continuously bearish.
Ichimoku Trend Analysis (KTS):
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko span below candles
Next Scenario:
The market may retrace / consolidate today as it reached the support. However Daily timeframe Kumo is sitll thick, so it could break the support and continuously bearish.
EURAUD bullish, broke the resistance levelComment:
EURAUD broke the resistance 1.5400 level from July 2022 as well as support from of Oct 2021.
Ichimoku Trend Analysis (KTS):
- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko span above candles
Next Scenario:
1.5400 level is also a neckline of monthly W bottom. Ultimately the market could go up to 1.622 level.
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood start to the week,
As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used in support other indicators that we have developed and released Open Source, you can find them at the end of the analysis.
Trend:
Kumo has been red for 44 days and is stable (currently at around 5%). In concert the situation is bearish. Now the price is on the Kijun - which recently went below the Tenkan having lost the bullish move of mid-September in its calculation. As we note, the first major resistance is the Kijun itself.
The Kijun Trend indicator continues to indicate the search for short positions.
Heikin-Ashi:
The Heikin-Ashi confirms the bearish movement with several red candles without shadow above.
Supports and resistances:
- 25000.00 Fibonacci
- 24600.00 Tenkan Weekly
- 23400.00 Chikou cusp level or flat zones of Kijun and Tenkan
- 22400.00-22600.00 Chikou cusp level or flat zones of Kijun and Tenkan
- 20200.00 Chikou cusp level or flat zones of Kijun and Tenkan
- 20000.00 psychological threshold
- 19100.00-18900.00 Chikou cusp level or flat zones of Kijun and Tenkan
- 17080.00Chikou cusp level or flat zones of Kijun and Tenkan
- 12700.00 from Hosoda waves
- 11000.00-13000.00 Chikou cusp level or flat zones of Kijun and Tenkan
For the various static price structures it is possible to refer to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes are plotted, also Chikou for the daily timeframe.
In addition, recall that the various Ichimoku lines serve as dynamic price structures: the Tenkan Sen (short-term), the Kijun Sen (medium-term) as well as the Senkou Span A and Senkou Span B (long-term).
Fibonacci:
The Fibonacci levels on the Daily still show us a long-term negative sentiment and places the 0 downside at 25000.00.
Conclusion:
The situation is bearish.
Hosoda waves indicate a bearish ABC pattern with targets at 20765, 19210, 17655, 17365.
From a fundamental point of view, the war, the energy crisis and inflation still do not see a solution.
It is important to assess the close of the week and during the week on the following price structures:
- Bullish/Lateral: 20400
- Bearish: 18400
Altcoin Cycle:
For Bitcoin Dominance and the Altcoin Cycle we can consider the weekly variation:
- Total cryptocurrency market capital: Decreased.
- Dominance of BTC: Decreased.
- Price of BTC: Decreased.
- Alt cycle expectation: Stable.
Thanks for your attention, happy to support the TradingView community.
Indicators used:
Analysis Tool
Kijun Trend Indicator
Ichimoku Support and Resistance
Chikou Support and Resistance
AUDUSD continuously downtrendComments:
AUDUSD is currently downtrending by Ichimoku trend confirmation (KTS)
Ichimoku Trend Analysis (KTS)
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko span below candles
Next Scenario:
Kumo is thick on Daily timeframe so this trend can be continuous. Initial target is 0.6251 level.
EURJPY Weekly Forecast is Short 4hEURJPY Weekly Forecast is Short and Bearish
Weekly Forex Forecast for October 10 to 14 , multiple timeframe analysis. Knowing WHEN to trade is one of the most important components to forex trading, I will be breaking that down in this forex forecast on Homa Forex Channel.
❤️Please, support our work with like & comment!❤️
👇👇👇👇👇
GBPAUD Bullish on H4Comment:
GBPAUD H4 timeframe shows market is bullish according to Ichimoku trend confirmation.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko span above candles
Next Scenario:
Market has also been supported by H4 Tenkan sen. And the last candle is a pin bar bounced on Tenkan sen.
Initial target is 1.7652 level.
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood start to the week,
As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used in support other indicators that we developed and released Open Source, you can find them at the end of the analysis.
Trend:
Kumo has been red for 30 days and is expanding (currently at about 9.8%). In concert the situation is bearish and slightly flat over the long term. Now the price is on the Tenkan so in a balanced situation on the short term.
The Kijun Trend indicator continues to indicate looking for short positions.
Heikin-Ashi:
The Heikin-Ashi confirms the bearish movement.
Supports and resistances:
- 25000.00 by Fibonacci
- 24600.00 Tenkan Weekly
- 23400.00 Chikou cusp level or flat zones of Kijun and Tenkan
- 22400.00-22600.00 Chikou cusp level or flat zones of Kijun and Tenkan
- 20200.00 Chikou cusp level or flat zones of Kijun and Tenkan
- 20000.00 psychological threshold
- 19100.00-18900.00 level cusps Chikou or flat zones of Kijun and Tenkan
- 17080.00level cusps Chikou or flat zones of Kijun and Tenkan
- 12700.00from the waves of Hosoda
- 11000.00-13000.00 level cusps Chikou or flat zones of Kijun and Tenkan
For the various static price structures, reference can be made to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes, also Chikou for the daily time frame, are plotted.
Also, recall that the various Ichimoku lines serve as dynamic price structures: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term).
Fibonacci:
The Fibonacci levels on the Daily still show us a positive long-term sentiment and places the 0 to the upside on 75000.00. Price is moving away from level 1 represented by 250000.00
Conclusion:
The situation is bearish as all the lines indicate.
Hosoda waves indicate an ABC pattern with targets at 17741.19, 22414.21, 27087.23, 27472.02.
From a fundamental point of view, between war, inflation, and energy issues, the situation is not changing and the markets will probably not improve before these issues are resolved either. Etherium's move to PoS has also been received more as a "sell the news."
It is important to assess the close during the week on the following price structures:
- Bullish/Lateral: 21800.00-22400.00
- Bearish: 18773.00
Altcoin Cycle:
For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation:
- Total cryptocurrency market capital: Decreased
- BTC Dominance: Increased.
- Price of BTC: Decreased.
- Alt Cycle Expectation: Decreased fast.
Thanks for your attention, happy to support the TradingView community.
Indicators used:
Analysis Tool
Kijun Trend Indicator
Ichimoku Support and Resistance
Chikou Support and Resistance
EURUSD is bearish but may retraceComment:
EURUSD both Weekly and Daily timeframes show the market is downtrending.
Ichimoku Trend Analysis (KTS) on Daily timeframe:
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko span below candles
Next Scenario:
The market has been resisted by Weekly descending trend line. However market may reverse for the next couple of days because
- Kumo is thin on a Daily timeframe
- Currently forming a Pin bar on Daily timeframe
So better to wait for a breakout of 0.9554.
USDCAD is bullish, about to break Daily resistanceComments:
USDCAD Daily timeframe shows a bull trend by Ichimoku.
Ichimoku Trend Analysis:
- Kumo (Senko span A) is up
- Kijun sen is up
- Tenkan sen is up
- Chiko span above candles
Next Scenario:
Market is bullish today. The ultimate target is 1.36515. There are a resistance area between 1.33928 and 1.34216 from Sept and Oct 2020 so market might reverse temporarily.
GBPCHF, WOULD TRADE THIS PAIR SELL ONLYAs this pair keeps forming lower low I think it is better to trade this with sell position. Sell the rally would be a wiser approach. Area sell is would be around 1.11906 (senkou a), 1.13621 (senkou b) or sma 50 1.14323.
Then what if the price keeps breaking low without correction? Everytime it forms new low if you wanna buy it, risk only 1-2% from your capital.
So far this pair yet gives any reversal structure.
I wish u all have good trade.
GBPUSD with Ichimoku Price TargetsComment:
GBPUSD Daily timeframes show a continuous downtrend. Weekly timeframe also shows downtrend.
Ichimoku Analysis:
- Kumo (Senko span A) is down
- Kijun sen is down
- Chiko span below candles
Next Scenario:
Ichimoku targets are as below.
- NT target: 1.1192
- V target: 1.1057
- N target: 1.0863
- E target: 1.0516 (Support from 1985 Feb)
GBPUSD retracing to Daily Kijun senComment:
Market is retracing to Daily Kijun sen.
Ichimoku Analysis on Daily timeframe:
- Kumo is flat
- Kijun sen is flat
Next Scenario:
H1 is currently up, targeting to Daily Kijun sen of 1.1841. But please note that there is a reversal level (previous support became resistance level) on 1.1760 which is very close. So the market may be resisted there and go down in a short term.
CHFJPY continuously bullishComment:
Market is bullish based on Daily timeframe according to Ichimoku KTS Analysis.
Ichimoku KTS Analysis:
- Kumo (Senko span A) up
- Kijun sen up
- Tenkan sen up
- Chiko span above candles
Next Scenario:
The target is 151.867, a resistance since 1979. Kumo is thick and long so the uptrend looks be continuous.
Possible For Gold To Turn Lower Again?D1 chart is still bearish despite yesterday spike. From lower TF chart m15, just now the chikou below the cloud and the candle currently running below the cloud. It is bearish indication. Stop for this trade is around 1730. With the potential target profit around 1710-1712
Gold important idea Hello traders this is my confusing but maybe interesting Idea about Gold I really considered many things plz see my previous analysis !
Weekly Analysis BTC via IchimokuHappy midweek,
As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used in support other indicators that we developed and released Open Source, you can find them at the end of the analysis.
Trend:
Kumo is back in the red again, now 5 days but still very thin (about 2.6%). The situation has changed a lot since the last analysis and now all lines indicate a bearish movement with a sideways bias.
The Kijun Trend indicator continues to indicate looking for short positions.
Heikin-Ashi:
The Heikin-Ashi confirms the bearish price movement: red candles and Kumo.
Supports and resistances:
- 25000.00 by Fibonacci
- 24600.00 Tenkan Weekly
- 23400.00 Chikou cusp level or flat zones of Kijun and Tenkan
- 22400.00-22600.00 Chikou cusp level or flat zones of Kijun and Tenkan
- 20200.00 Chikou cusp level or flat zones of Kijun and Tenkan
- 20000.00 psychological threshold
- 19100.00-18900.00 Chikou cusp level or flat zones of Kijun and Tenkan
- 12700.00 from the waves of Hosoda
- 11000.00-13000.00 Chikou cusp level or flat zones of Kijun and Tenkan
For the various static price structures, reference can be made to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes, also Chikou for the daily time frame, are plotted.
Also, recall that the various Ichimoku lines serve as dynamic price structures: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term).
Fibonacci:
The Fibonacci levels on the Daily still show us a positive long-term sentiment and places the 0 to the upside on 75000.00. Price is moving away from the 1 level.
Conclusion:
BTC's situation has changed significantly. The price is now again in a downtrend having failed to break above the now-again red Kumo.
The well-known exponential moving averages often used in the Crypto market on the 200-, 50- and 20-period are once again aligned in downtrend, widening and have effected in death cross.
Hosoda waves indicate a downtrend target, right now target V has been touched and are at interesting levels as supports.
From a fundamental perspective, Powell's speech impacted both equities and cryptos. Given the outlook, it's hard to think of an uptrend in the short term.
It is important to assess the close of the week and during the week on the following price structures:
- Bullish/Lateral: 22000.00
- Bearish: 19100.00
Altcoin Cycle:
For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation:
- Total cryptocurrency market capital: Decreased
- BTC Dominance: Decreased.
- Price of BTC: Decreased.
- Alt cycle expectation: Stable.
Thanks for your attention, happy to support the TradingView community.
Indicators used:
Analysis Tool
Kijun Trend Indicator
Ichimoku Support and Resistance
Chikou Support and Resistance
Revisit 16xx Area Again For Gold?Sudden spike of gold yesterday just didn’t impress the bullish party(at least I am one of them who didn’t impress). So in my opinion this time gold has good chance to break below 1700 area again or at least test 1711 price. I prefer to put pending order to sell around the area I have defined s selling zone. My personal target profit zone is somewhere around 1677-1685. And overall trend is being showed by ichimoku is bearish.
Trade well and wisely.
EURUSD POTENTIALLY TO TEST BELOW 0.99After the rally from the low eurusd stucks around 50-38.2 area of fibo. And it finds barrier to go further upside after hitting SMA 50. Meanwhile the ichimoku is still showing bearish trend. So I have defined a suitable zone to sell and possible area to take profit, it is at least below 0.99. Trade well and wisely.