EUR/USD . Ichimoku chart suggest weak support

$EUR/USD . Ichimoku chart suggest weak support

The daily Ichimoku chart for $EUR/USD is suggesting that the uptrend for EUR/USD is coming to an end.

1. We can see that the overall trend is flattening or hitting a plateau with the kumo turning flat.

2. A bearish cross seems to be forming between the Kijun sen and Tenkan sen

3. Support is thin at the kumo

4. Leading kumo seems to suggest a change in trend may be coming.

 

 

$BTCUSD . Is it forming a base?

$BTCUSD forming a base?

Bitcoin trading price, $BTCUSD , seems to be settling a base could be forming.

From the Ichimoku chart, we can see that

1. $BTCUSD is in bearish territory.

2. A bullish cross may be taking place soon if price goes up a little bit more.

3. The kumo resistance ahead is thinning out with immediate resistance at $520.

4. Should the price stays sideway till June, resistance looks to be around $482; thin kumo resistance.

 

 

$TSLA . Change in trend

$TSLA change in trend. Kumo twist.

 

Tesla Motors ($TSLA) run seems to have peak.

On the Ichimoku chart, it shows that $TSLA has retrace from the peak of around $260 and is now trading within the kumo.

Support level is expected at $193.94 while resistance is at around $218.79

The leading kumo has twisted suggesting that a change in trend is imminent.