Forecasts & opinions
EURUSD: On this pair we observed a dropdown from 19.4.2018 based on the Ichimocu system.
The price is below the cloud and below the line Tekan sen ,Kijun sen,and chikou span might be confirming the valid kumo breakout signal.
GBPUSD: Based on the Ichimocu system the GBPUSD is in a bearish kumo breakout since 20.4.2018.
As we may notice here the price is below the kumo and all the lines Kijun sen ,tekan sen and Chikou span are also below the kumo. Tekan sen and kijun sen seem to be in a bearish formation.
The chikou span is inside the price meaning that the price may start the process for reversing.
|remaining time till the new event being published|
- China’s central bank extends medium-term loans but keeps rates unchanged
- New car sales in the European Union rose in September
- UK consumer price growth stabilised in September
- Earnings Season in U.S.: Major Reports of the Week