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09.11.202315:07 विदेशी मुद्रा विश्लेषण और समीक्षा: Ichimoku cloud indicator analysis on EURUSD for November 9th, 2023.

Exchange Rates 09.11.2023 analysis

In the 4 hour chart EURUSD is in a bullish trend according to the Ichimoku cloud indicator. Short-term trend remains bullish as price is still above the Kumo (cloud). Price is now challenging the tenkan-sen (red line indicator) and the kijun-sen (yellow line indicator). These two indicators provide support at 1.0688. A 4 hour candlestick close below this level will open the way for a move lower towards the cloud support at 1.0639. The Chikou span (black line indicator) is still above the candlestick pattern (bullish). On a daily basis EURUSD is in a neutral trend according to the Ichimoku cloud indicator as we showed yesterday, because price remains inside the cloud. Traders need to be very cautious because we are at a junction where medium-term trend could change to bullish.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

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