XAUUSD H1: The Ichimoku Forecast for the American Session on 20.1.2025
20.01.2025 22:01
기술적
The most significant signal of the previous trading sessions was the intersection of the Tenkan and Kijun lines, which is considered as a signal of a change in trend in the market.
The second important signal is a change in the color of the Kumo cloud, which is marked with a vertical purple line on the graph . The appearance of a lilac color in the cloud indicates a change in the priority direction of movement to downward.
The current situation:
Let's carefully look at the current values of the main components of the Ichimoku indicator to assess the current state of the market:
The market price remains above the Tenkan and the Kijun lines, indicating a prevailing positive market sentiment.
Now the Kumo cloud is tinted lilac, which indicates a possible change in price dynamics in a negative direction.
The price is between the SenkouA and SenkouB lines, which act as support and resistance levels. To clarify the market situation, it is worth waiting until the price goes beyond the Kumo cloud.
Used by investors to identify a change in trend, the green Chinkou line is held below the price on the chart.
Trading recommendations:
Dynamic support levels are located on the Tenkan line, around the 2707.866, the Kijun line, around the 2703.242, and the SenkouB line, around the 2699.348.
The dynamic resistance level is on the SenkouA line, around the 2709.814 mark.
The second important signal is a change in the color of the Kumo cloud, which is marked with a vertical purple line on the graph . The appearance of a lilac color in the cloud indicates a change in the priority direction of movement to downward.
The current situation:
Let's carefully look at the current values of the main components of the Ichimoku indicator to assess the current state of the market:
The market price remains above the Tenkan and the Kijun lines, indicating a prevailing positive market sentiment.
Now the Kumo cloud is tinted lilac, which indicates a possible change in price dynamics in a negative direction.
The price is between the SenkouA and SenkouB lines, which act as support and resistance levels. To clarify the market situation, it is worth waiting until the price goes beyond the Kumo cloud.
Used by investors to identify a change in trend, the green Chinkou line is held below the price on the chart.
Trading recommendations:
Dynamic support levels are located on the Tenkan line, around the 2707.866, the Kijun line, around the 2703.242, and the SenkouB line, around the 2699.348.
The dynamic resistance level is on the SenkouA line, around the 2709.814 mark.