empty
 
 
19.07.2023 03:14 PM
Ichimoku cloud indicator analysis on EURUSD for July 19th, 2023.

This image is no longer relevant

According to the Ichimoku cloud in the 4 hour chart, trend in EURUSD is still bullish. Why did we choose to check the 4 hour chart today? Because after such a bullish run, the time for a pull back is approaching and we use the Ichimoku cloud indicator to identify key support levels. Currently price is well above the Kumo (cloud), but is trading below the tenkan-sen (Red line indicator). This is our first warning. The Chikou span (black line indicator) remains above the candlestick pattern (bullish). This changes if price breaks below 1.1160. Key short-term support is the kijun-sen (yellow line indicator) that if broken will lead price lower towards the cloud support. Currently the kijun-sen is at 1.1215. If broken, cloud support at 1.1050-1.1150 should be tested.

通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • 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 $3000 more!
    In September we raffle $3000 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

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback