XAUUSD H1: The Ichimoku Forecast for the Asian Session on 20.1.2025
18.01.2025 01:16
Teknikal
The main signal of the latest trading sessions is the intersection of the Tenkan and Kijun lines, marked on the chart with a pink square. This is a negative signal. It indicates a change in the upcoming trend to a downward one.
The second most important signal is a change in the direction of movement of the cloud Kumo. This signal is marked on the chart with a vertical purple line. The orange color of the cloud indicates a change in the priority direction of movement to upward.
The current situation:
Let's look at the main components of the indicator and their current values:
The price is below the Tenkan and Kijun lines, indicating the prevalence of downward pressure.
The Kumo cloud is colored orange, indicating the market tendency to a continuing upward movement.
The price is inside the Kumo cloud, which indicates a market uncertainty phase. The SenkouA and SenkouB lines act as support and resistance.
The Chinkou line is now below the current price.
Trading recommendations:
The dynamic support level is on the SenkouB line, around the 2692.184 mark.
Dynamic resistance levels are on the Tenkan line, around the 2708.563, the Kijun line, around the 2711.545, and the SenkouA line, around 2705.805.
The second most important signal is a change in the direction of movement of the cloud Kumo. This signal is marked on the chart with a vertical purple line. The orange color of the cloud indicates a change in the priority direction of movement to upward.
The current situation:
Let's look at the main components of the indicator and their current values:
The price is below the Tenkan and Kijun lines, indicating the prevalence of downward pressure.
The Kumo cloud is colored orange, indicating the market tendency to a continuing upward movement.
The price is inside the Kumo cloud, which indicates a market uncertainty phase. The SenkouA and SenkouB lines act as support and resistance.
The Chinkou line is now below the current price.
Trading recommendations:
The dynamic support level is on the SenkouB line, around the 2692.184 mark.
Dynamic resistance levels are on the Tenkan line, around the 2708.563, the Kijun line, around the 2711.545, and the SenkouA line, around 2705.805.