Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Aug 31 - 07:24 AM
USD/JPY - Poised To Drop Out Of Its Daily Ichimoku Cloud
First appeared on eFXplus on Aug 31 - 04:40 AM
  • Not quite a bearish engulfing candle Thurs but still a bearish signal
  • Price failing for second day to hold an ichimoku cloud break
  • Risk is now for USD/JPY to drop out of the fairly thick cloud
  • Much of the recent 109.78 to 111.83 rally now negated
  • Cloud base is at 110.65 and 61.8% of the 109.78-111.83 move comes at 110.56
  • Weeklies clinging to a range break above the 100WMA but losing traction

USD/JPY Trader:

USD/JPY Daily Ichimoku Chart: Click here

Thomson Reuters IFR Markets


  • eFXplus
  • End-user license agreement (EULA)


  • About
  • Contact Us


  • Terms of Service
  • Privacy Policy
  • Disclaimer