The Ichimoku Report Jan. 19th
EURUSD – Support Falling As we wrote last week in our Ichimoku Report: the pair will either maintain its corrective mode or start a strong sell-off towards the kumo top which has already fallen to 1.3760/80 level and will remain there till the end of Feb. and the line of least resistance will remain to the downside until 1.3760/80 level or until after feb. 26th when the Kumo starts to climb...
Read MoreThe Ichimoku Report Jan. 12th
EURUSD Attempting a little bit of a comeback after the three week sell-off, the pair is moving in a rather non-committal corrective structure. With a few tests above (20ema, Kijun, Tenkan lines) and one test below (Kumo Top) which is falling, if the pair cannot break through the rejections lines/levels above, the pair will either maintain its corrective mode or start a strong sell-off towards...
Read MoreThe Ichimoku Report Jan. 3rd
Bienvenido de 2010 Hard to believe we are not just in a new year, but a new decade. EURUSD Completing its first 3 week decline since Jan. of 09′, the pair found brief support at the price base just a hair above the weekly kumo flat top. The structure is definitely more bearish for the pair and the line of least resistance is to the downside starting on Monday. The kumo top starts to decline...
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