GBPUSD, H4 | Potential Bullish Momentum

Type:Bullish Bounce Key levels:Resistance:1.24024 Pivot:1.21828 Support:1.20365 Preference: On the H4, with prices breaking above the ichimoku indicator, we have a bullish bias that price will drop and rise from our pivot at 1.21828 where the horizontal overlap support and 50% fibonacci retracement to our 1st resistance at 1.24024 in line with the 61.8% fibonacci projection, 61.8% fibonacci retracement and overlap resistance. Alternative Scenario: Alternatively, price may break pivot structure and head for 1st support at 1.20365 where the horizontal swing low support and 78.6% fibonacci retracement are.

Source: Tickmill

Ichimoku Cloud Analysis 23.04.2024 (GBPUSD, BRENT, USDCAD)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the Kijun-Sen line. The instrument is going below the Ichimoku Cloud, which suggests a bearish

JPY is falling again. Overview for 23.04.2024

The Japanese yen, paired with the US dollar, paused in the morning but has since resumed its decline. The current USDJPY exchange rate stands at

Ichimoku Cloud Analysis 22.04.2024 (EURUSD, XAUUSD, NZDUSD)

EURUSD, “Euro vs US Dollar” The EURUSD pair is correcting after a rebound from the signal lines of the indicator. The instrument is going below

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