empty
 
 
04.06.2018 10:11 AM
The daily review of GBP / JPY for June 4, 2018. Ichimoku Indicator

This image is no longer relevant

GBP / JPY

The expectations of the Friday forecast are fulfilled. The players on the increase managed to realize a retreat from the lower boundary of the weekly cloud (144.21) and the target for the breakdown of the daytime cloud (143.08), as a result of which they managed to rise to the resistance area of the day Tenkan (146.44). In this situation, the main plans for players to raise are in the breakdown of the clouds H4 (146,57-73) and the liquidation of the day's cross. Perhaps, for the implementation of these tasks, players will have to take a pause to raise. Important support today should be noted at 145.60 (Tenkan H4 + Kijun H1) and 144.94 (Kijun H4 + cloud H1), while keeping the activity and opportunities for bulls is better to limit the decline to within 145.60. Overcoming the resistance of the H4 cloud will form the next upward target and will open the way to resistances of older time intervals.

This image is no longer relevant

Indicator parameters:

All time intervals 9 - 26 - 52

The color of indicator lines:

Tenkan (short-term trend) - red,

Kijun (medium-term trend) - green,

Fibo Kijun is a green dotted line,

Chinkou is gray,

Clouds: Senkou Span B (SSB, long-term trend) - blue,

Senkou Span A (SSA) - pink.

The color of additional lines:

Support and resistance MN - blue, W1 - green, D1 - red, H4 - pink, H1 - gray,

Horizontal levels (not Ichimoku) - brown,

Trend lines - purple.

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 $8000 more!
    In March we raffle $8000 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