EURUSD H1: The Ichimoku Forecast for the European Session at 11.3.2025
11.03.2025 09:31
ปัจจัยทางเทคนิค
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 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.
The dynamics of price movement over a longer distance is determined by the Kumo cloud, which is now colored orange. Thus, this signal prioritizes the upward vector of price movement in the future.
Currently, the Kumo cloud lines represent a dynamic support area for price.
Used by investors to identify a change in trend, the green Chikou line is held below the price on the chart.
Trading recommendations:
Dynamic support levels are on the Tenkan line, around the 1.08542 mark, the Kijun line, around the 1.08401 mark, the SenkouA line, at the 1.08463mark, and the SenkouB line, around the 1.08268 mark.
Based on the results of the analysis, most technical indicators of the Ichimoku system indicate an upcoming price increase. Therefore, intraday it is worth prioritize the long positions that can be considered from the defined support levels.
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.
The dynamics of price movement over a longer distance is determined by the Kumo cloud, which is now colored orange. Thus, this signal prioritizes the upward vector of price movement in the future.
Currently, the Kumo cloud lines represent a dynamic support area for price.
Used by investors to identify a change in trend, the green Chikou line is held below the price on the chart.
Trading recommendations:
Dynamic support levels are on the Tenkan line, around the 1.08542 mark, the Kijun line, around the 1.08401 mark, the SenkouA line, at the 1.08463mark, and the SenkouB line, around the 1.08268 mark.
Based on the results of the analysis, most technical indicators of the Ichimoku system indicate an upcoming price increase. Therefore, intraday it is worth prioritize the long positions that can be considered from the defined support levels.