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|
- UK retail sales rose sharply in June
- Earnings Season in U.S.: Major Reports of the Week
- Swiss exports continued to grow in the second quarter
- China's debt tops 300% of GDP, now 15% of global total - IIF