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22.08.202311:45 विदेशी मुद्रा विश्लेषण और समीक्षा: Ichimoku cloud indicator analysis on EURUSD for August 22nd, 2023.

Exchange Rates 22.08.2023 analysis

EURUSD is trading around 1.0905-1.0910. In Ichimoku cloud terms, trend in the 4 hour chart is bearish as price remains below the Kumo (cloud). In previous posts we warned that at the beginning of the week we expect a price bounce towards cloud resistance. Price so far has made a bounce from 1.0845 to 1.0930. Cloud resistance is found at 1.0940-1.0970. Bulls need to break above this level in order to reclaim control of the trend. The Chikou span (black line indicator) is below the candlestick pattern (bearish). The Chikou span reached and tested the candlestick pattern resistance but so far it seems that it has failed to break above it. Support is found at 1.09 and 1.0890 by the tenkan-sen (red line indicator) and the kijun-sen (yellow line indicator).

*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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