Ichimokukinkohyo
Ichimoku Analysis for MATICPrice and lagging both above the cloud along with a bullish kumo crossover.
AUDNZD Ichimoku Kinko Hyo analysisWeekly:
Tenkan Kijun dead cross
Chiko breaks candes downward
Bearish Kyushu Ashi appeared (B pattern)
Daily:
Kumo down
Kijun down
Tekan down
Chiko below candles
Price can still be sideway/downtrend until next daily Kihon Suchi (9 Nov 2022) and in the long term, downtrend may still continue till Kihon Suchi in Weekly ( 12 December)
H4:
Kumo down
Kijun down
Chiko below candles
BANK NIFTYHello and welcome to this analysis
Bank Nifty has activated a Bearish Harmonic Bat in daily time frame.
The anticipated retracement levels are 38-50-62% of the upmove. The view would be negated if it sustains above 41530.
As per Ichimoku Time and Wave Theory also we have a turn date activated. Until it sustains below 41530 it would remain weak. In case it breaks on the upside then the low of Friday October 28 would be considered as a stop loss for longs
EURUSD about to break Daily Kumo Comment:
EURUSD Daily timeframe shows it's about to break Kumo. Once it happens, market can be continuously bullish.
Ichimoku Analysis:
- Tenkan sen and Kijun sen gold cross happend already
- Chiko span breakout happened already
- Kumo breakout is about to be happening
Next Scenario:
Once Kumo breakout happens the next target will be 1.0197 then 1.0367
USDJPY continuously bullish, targeting 150.0 levelComment:
USDJPY Daily timeframe is showing continuous bullish trend as per Ichimoku Trend Analysis.
Ichimoku KTS Analysis:
- Kumo (Senko span A and B) up
- Tenkan sen up
- Kijun sen up
- Chiko span above candles
Next Scenario:
Kumo is continuously thick and long. Market is targeting to 150 level.
USDJPY (Ichimoku Kinko Hyo analysis)Weekly
Kumo up
Kijun up
Tenkan up
Chiko above candles
Daily:
Kumo up
Kijun up
Tenkan up
chiko above candles
the uptrend may continue until next Kihon Suchi in daily tf (27 Oct 2022)
In the long term: the uptrend may continue until next Kihon Suchi in Weekly tf (19 Dec 2022)
Entry: H4;H1;M15
Overall: 60% up ,30% range, 10% down
USDJPY broke the resistance levelComment:
USDJPY broke the resistance level of 145.9 where BOJ intervened, and showing continuous uptrend.
Ichimoku trend Analysis (KTS):
- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko span above candles
Next Scenario:
- Market can go up to 147.7 which is the resistance way back in Aug 1998.
- Once it breaks, possible to go up to 150 level.
- BOJ might intervene again, especially when it gets closer to 150 level.
- Watch out US CPI
AUDUSD reached the target, still downtrendingComment:
AUDUSD reached the target of 0.62519 and is continuously bearish.
Ichimoku Trend Analysis (KTS):
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko span below candles
Next Scenario:
The market may retrace / consolidate today as it reached the support. However Daily timeframe Kumo is sitll thick, so it could break the support and continuously bearish.
EURAUD bullish, broke the resistance levelComment:
EURAUD broke the resistance 1.5400 level from July 2022 as well as support from of Oct 2021.
Ichimoku Trend Analysis (KTS):
- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko span above candles
Next Scenario:
1.5400 level is also a neckline of monthly W bottom. Ultimately the market could go up to 1.622 level.