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22.08.202311:39 विदेशी मुद्रा विश्लेषण और समीक्षा: Ichimoku cloud indicator analysis on USDJPY for August 22nd, 2023.

Exchange Rates 22.08.2023 analysis

USDJPY is trading around 145.70. In the 4 hour chart trend according to the Ichimoku cloud indicator remains bullish as price is still above the cloud. However price is now challenging the tenkan-sen (red line indicator) and the kijun-sen (yellow line indicator). A close below 145.76 will be a sign of weakness. Price is vulnerable to a move towards the Kumo support at 145.05. The Chikou span (black line indicator) is very close to turning bearish, by breaking below the candlestick pattern. In the 4 hour USDJPY chart we get several warning signs that increase the chances of a short-term trend reversal. If price breaks inside the Kumo then the trend will change to neutral from bullish. Traders need to be very cautious.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

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