A quick update with regard EURUSD pair based on Ichimoku because on these time frame, it is a nice analysis tools to foresee the next potential move.
4 basics signals as usual.
1-The Kumo Twist which appears obviously in favor of an uptrend even for the next 26 period i.e the next 26 hours.
2-Tenkan-Kijun Twist, confirming the upside.
3- The Lagging span is growing, did cross the pricing, is crossing the cloud but it isn't YET outside the cloud and may strike the price.
4-Kijun is being used as a support level, which is also interesting to notice.
Therefore on the quick update, we are going towards 1.366 but bare in mind that 1.362 is an important resistance level that the price should overpass in order to smoothly continue its path toward 1.366 and then 1.372-1.375.
4 basics signals as usual.
1-The Kumo Twist which appears obviously in favor of an uptrend even for the next 26 period i.e the next 26 hours.
2-Tenkan-Kijun Twist, confirming the upside.
3- The Lagging span is growing, did cross the pricing, is crossing the cloud but it isn't YET outside the cloud and may strike the price.
4-Kijun is being used as a support level, which is also interesting to notice.
Therefore on the quick update, we are going towards 1.366 but bare in mind that 1.362 is an important resistance level that the price should overpass in order to smoothly continue its path toward 1.366 and then 1.372-1.375.
