empty
 
 
ar
الدعم
فتح الحساب الفوري
منصة التداول
إيداع/ سحب

23.02.202318:12 Forex Analysis & Reviews: Ichimoku cloud indicator analysis on EURUSD for February 23rd, 2023.

Exchange Rates 23.02.2023 analysis

EURUSD is making new lower lows today below 1.06. According to the Ichimoku cloud indicator trend remains bearish. Technically trend remains bearish as price is still making lower lows and lower highs. Price is well below the 4 hour Kumo (cloud) and below both the tenkan-sen (red line indicator) and the kijun-sen (yellow line indicator). Resistance by the tenkan-sen is at 1.0625 and by the kijun-sen at 1.0645. The tenkan-sen is below the kijun-sen confirming that bears remain in full control of the trend. The Chikou span (black line indicator) is also below the candlestick pattern confirming bearish trend. There is no sign of a reversal. Key resistance and trend change level is at 1.0710. Bulls need to push price above this level in order for trend to change.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

لا تستطيع التحدث الآن؟
اطرح سؤالك في الدردشة.