USDJPY H1: The Ichimoku Forecast for the American Session on 2.12.2024
02.12.2024 16:21
기술적
Analysis of the market situation, developed in previous trading sessions, shows the intersection of the Tenkan and Kijun lines. Typically, this signal indicates an upcoming increase, but subsequently the price fell below the Tenkan line.
The current situation:
Let's look at the main components of the indicator and their current values:
The price is now positioned between the Tenkan and the Kijun lines, indicating a temporary consolidation before a potential resumption of the trend.
The Kumo cloud is colored lilac. It indicates the priority of the downward vector of price movement.
The price is below the Kumo cloud, which is now acting as a resistance area for the price.
The Chinkou line is now below the current price.
Trading recommendations:
The dynamic support level is on the Kijun line, around the 150.094 mark.
Dynamic resistance levels are on the Tenkan line, around the 150.331, the SenkouA line, at the 150.345, and the SenkouB line, near the 150.844.
The current situation:
Let's look at the main components of the indicator and their current values:
The price is now positioned between the Tenkan and the Kijun lines, indicating a temporary consolidation before a potential resumption of the trend.
The Kumo cloud is colored lilac. It indicates the priority of the downward vector of price movement.
The price is below the Kumo cloud, which is now acting as a resistance area for the price.
The Chinkou line is now below the current price.
Trading recommendations:
The dynamic support level is on the Kijun line, around the 150.094 mark.
Dynamic resistance levels are on the Tenkan line, around the 150.331, the SenkouA line, at the 150.345, and the SenkouB line, near the 150.844.