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28.11.202315:37 Analisis Forex & Kajian: Ichimoku cloud indicator analysis on USDJPY for November 28th, 2023.

Exchange Rates 28.11.2023 analysis

USDJPY is trading around 148.43. In Ichimoku cloud terms trend is now neutral as price has entered the Daily Kumo (cloud). This is a sign of weakness. Price was unable to push above the tenkan-sen (red line indicator) and the kijun-sen (yellow line indicator). Instead price closed below the upper cloud boundary yesterday. The Chikou span (black line indicator) remains below the candlestick pattern (bearish). USDJPY is vulnerable to a move towards the lower cloud boundary around 147.30. As long as price is below the tenkan-sen and the kijun-sen indicators at 149.30-149.55, USDJPY will remain weak and vulnerable to a deeper correction.

* Analisis pasaran yang disiarkan di sini adalah bertujuan untuk meningkatkan kesedaran anda, tetapi tidak untuk memberi arahan untuk membuat perdagangan.

Alexandros Yfantis,
Analytical expert of InstaSpot
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