Category Forex

$EURUSD . Failed kumo breakout

We can see from the Ichimoku chart for EUR/USD that EUR failed to breakout of the kumo successfully.

Having rebounded off the kumo support at around 1.305, I am betting that it will drop from 1.318 and pierce through the kumo support below.

$USDJPY . Right on Weekly Kumo Support

 

 

Both the Weekly and Daily Ichimoku Chart for $USDJPY (USD/JPY) shows the price level hitting a very good support level.

I am expecting that it will bounce from this level and head back to the 85 level.

$AUDSGD (AUD/SGD) . Break Chikou Span Support

 

AUD/SGD has break the support at 1.295 .

Next target is around 1.27