empty
 
 
05.04.2018 10:11 AM
Day review of EUR / JPY on 05.04.18. Ichimoku Indicator

EUR / JPY

This image is no longer relevant

Senior timeframes

The rebound from the lines of the day's cross was confirmed and developed. At the moment, players on the rise continue to restore their positions. The immediate tasks for players to raise now are to update the maximum extremum (131,79) and test for strength at once several resistances that combined their efforts (weekly Fibo Kijun 132.20 + monthly Tenkan 132.54 + lower boundary of the day cloud). The Day Cross retains the role of the most significant support (130.66-25).

This image is no longer relevant

H4-H1

The advantages are again on the players' side of the promotion. At the moment, we are witnessing a struggle with the trend line and the resistance of the target to the breakdown of the H1 cloud. To the subsequent upward orientations of the older time intervals (132.20-56), one can add a target to the breakdown of the H4 cloud (132, 29-67). Key support today preserved their location, they can still be noted at 131.07 - 130.66 - 130.25.

Evangelos Poulakis,
Analytical expert of InstaForex
© 2007-2024
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.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback