empty
 
 
15.06.2018 01:05 AM
Daily review of GBP/JPY as of June 14, 2018. Ichimoku Indicator

This image is no longer relevant

GBP/JPY

Throughout the current week, players on the rise, to continue the climb, tried to go beyond the upper shadow of the last week candle, but they have not been able to achieve a positive result so far. The maximum extremum (148.09) has not been updated, the resistance uniting weekly levels (Senkou Span A 148.25 + Tenkan 148.45 + Fibo Kijun 148.29) has not been tested. These tasks remain a priority. But if there is no progress again today, players on the slide can take advantage of the weakness of the opponent, which will lead to a decrease. The most important support now is the area of 146.95-57 (day cross level + Kijun H4 + upper boundary of the H4 cloud), then you should note the area 145.60-80 (daytime Fibo Kijun + lower boundary of the cloud H4). The consolidation under these supports will change the current balance of power, which is now largely on the side of the bulls, and will require a new assessment of the situation.

This image is no longer relevant

Indicator parameters:

all time intervals 9 - 26 - 52

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.

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