The current trend is bearish, almost all elements are in a strong downtrend.
The price vs. Cloud: It is under the cloud.
The price vs. Tenkan Sen: It is at 1.1089 87 pips below the Tenkan Sen
The price vs. Kijun Sen: It is 1.1089 to 87 pips below the Kijun Sen.
The Tenkan Sen vs. Kijun Sen: They are together and inclined. Indicating a strong bearish trend.
The Chikou Span: It is below the cloud in free fall, but has shadows.
Cloud Future: Bearish, Span A and B was inclined downward.
Although the Ichimoku shows a strong downtrend, a correction torque so fast and violent descent is expected.
Scene Bearish:
The next supports at 1.1042, 1.1005, 1.0946, 1.0880 and 1.0787.
Scene Bullish (countertrend):
The next resistance at 1.1142 and 1.1219. (Goals for this week).
The price vs. Cloud: It is under the cloud.
The price vs. Tenkan Sen: It is at 1.1089 87 pips below the Tenkan Sen
The price vs. Kijun Sen: It is 1.1089 to 87 pips below the Kijun Sen.
The Tenkan Sen vs. Kijun Sen: They are together and inclined. Indicating a strong bearish trend.
The Chikou Span: It is below the cloud in free fall, but has shadows.
Cloud Future: Bearish, Span A and B was inclined downward.
Although the Ichimoku shows a strong downtrend, a correction torque so fast and violent descent is expected.
Scene Bearish:
The next supports at 1.1042, 1.1005, 1.0946, 1.0880 and 1.0787.
Scene Bullish (countertrend):
The next resistance at 1.1142 and 1.1219. (Goals for this week).