EUR/JPY: Ichimoku indicators analysis - Обзоры экспертов БКС Форекс

Let's look at the four-hour chart. Tenkan-sen and Kijun-sen lines have merged, the lines are horizontal . Confirmative line Chikou Span is below the price chart, current cloud is descending.The instrument has broken through Tenkan-sen and Kijun-sen lines.

Merged Tenkan-sen and Kijun-sen lines have become a strong support level (121.91).The closest resistance level is the upper border of the cloud (123.77).On the daily chart Tenkan-sen line is below Kijun-sen, both lines are directed downwards.Confirmative line Chikou Span is below the price chart, current cloud is descending.

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