EURJPY Ichimoku Kinko Hyo Analysis
Updated
Monthly:
Kijun-sen flat
Tekan-sen flat (Price bounce at Tenkan)
Kumo flat
Chiko above candles
Bullish Kyushu Ashi
Weekly:
Tenkan-sen; Kijun-sen overlap
Price is above both Tenkan-sen and Kijun-sen
Kumo flat
Chiko above candles
Bullish Kyushu Ashi appear => Price will be more likely sideway-up until next Kihon Suchi (17 April 2023)
Daily:
Tenkan-sen; Kijun-sen is up
Senko-span A cross Senko-span B upward (still need to watch)
Chiko above candles
Since Weekly Kyushu Ashi is bullish
=> In a long term till 17 Apr , price can reach the target given
Kijun-sen flat
Tekan-sen flat (Price bounce at Tenkan)
Kumo flat
Chiko above candles
Bullish Kyushu Ashi
Weekly:
Tenkan-sen; Kijun-sen overlap
Price is above both Tenkan-sen and Kijun-sen
Kumo flat
Chiko above candles
Bullish Kyushu Ashi appear => Price will be more likely sideway-up until next Kihon Suchi (17 April 2023)
Daily:
Tenkan-sen; Kijun-sen is up
Senko-span A cross Senko-span B upward (still need to watch)
Chiko above candles
Since Weekly Kyushu Ashi is bullish
=> In a long term till 17 Apr , price can reach the target given
Note
After big news in 15 March, price broke the support and went down
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