Brent H1: The Ichimoku Forecast for the American Session on 28.3.2025
28.03.2025 15:46
Technical
One of the main signals of previous trading sessions was the intersection of the Tenkan and Kijun lines. This area is marked with a pink square on the graph. The rise of the Tenkan line above the Kijun line is a positive signal, which may indicate a possible change in the trend to an upward one.
The current situation
Let's look at the main components of the indicator and their current values:
The price is above the Tenkan and the Kijun lines. It indicates positive market sentiment.
The Kumo cloud is colored orange, indicating the market tendency to a continuing upward movement.
In addition, the price is above the Kumo cloud, which acts as a potential support zone.
The Chikou line is now below the current price.
Trading recommendations:
Dynamic support levels are on the Tenkan line, around the 73.11 mark, the Kijun line, around the 72.93 mark, the SenkouA line, at the 72.99mark, and the SenkouB line, around the 72.67 mark.
The indicator signals predominantly support the upward vector of movement, so the upward bounce from the defined support levels signals are prioritized intraday.
The current situation
Let's look at the main components of the indicator and their current values:
The price is above the Tenkan and the Kijun lines. It indicates positive market sentiment.
The Kumo cloud is colored orange, indicating the market tendency to a continuing upward movement.
In addition, the price is above the Kumo cloud, which acts as a potential support zone.
The Chikou line is now below the current price.
Trading recommendations:
Dynamic support levels are on the Tenkan line, around the 73.11 mark, the Kijun line, around the 72.93 mark, the SenkouA line, at the 72.99mark, and the SenkouB line, around the 72.67 mark.
The indicator signals predominantly support the upward vector of movement, so the upward bounce from the defined support levels signals are prioritized intraday.