empty
22.08.2023 11:39 AM
Ichimoku cloud indicator analysis on USDJPY for August 22nd, 2023.

This image is no longer relevant

USDJPY is trading around 145.70. In the 4 hour chart trend according to the Ichimoku cloud indicator remains bullish as price is still above the cloud. However price is now challenging the tenkan-sen (red line indicator) and the kijun-sen (yellow line indicator). A close below 145.76 will be a sign of weakness. Price is vulnerable to a move towards the Kumo support at 145.05. The Chikou span (black line indicator) is very close to turning bearish, by breaking below the candlestick pattern. In the 4 hour USDJPY chart we get several warning signs that increase the chances of a short-term trend reversal. If price breaks inside the Kumo then the trend will change to neutral from bullish. Traders need to be very cautious.

Alexandros Yfantis,
InstaForex के विश्लेषणात्मक विशेषज्ञ
© 2007-2025
समय सीमा चुनें
5
मिनट
15
मिनट
30
मिनट
1
घंटा
4
घंटे
1
दिन
1
सप्ताह
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    कॉन्टेस्ट में हिस्सा लें

अनुशंसित लेख

अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.
Widget callback