The daily review of USD / JPY as of May 28, 2018. Ichimoku Indicator

USD / JPY

The main task for players on the downgrade is to remain the breakdown of the support zone, which is currently formed by several single levels of the monthly and weekly halves, as well as the goal for the breakdown of the H4 cloud. The stretching of the zone (109.19 - 108.13) and the disconnection of the levels weakens each level separately and does not allow us to prioritize. In the current situation, it should be noted that the strength of the supported supports (109.19-week Kijun + Fibo Kijun day-time + month Kijun) did not allow players to downgrade close last week with full-value Bearish Takeover. Due to the weakness of the bears, the rivals were able to open the current week with a fairly deep, upward gap. As a result, we can now expect that the pair will stay for a while longer over the supports, and, perhaps, after some time, will retest the previous levels of 110.19-27 (day Tenkan + weekly Fibo Kijun + Senkou Span B N4).

Indicator parameters:

All time intervals 9 - 26 - 52

The color of indicator lines:

Tenkan (short-term trend) - red,

Kijun (medium-term trend) - green,

Fibo Kijun is a green dotted line,

Chinkou is gray,

Clouds: Senkou Span B (SSB, long-term trend) - blue,

Senkou Span A (SSA) - pink.

The color of additional lines:

Support and resistance MN - blue, W1 - green, D1 - red, H4 - pink, H1 - gray,

Horizontal levels (not Ichimoku) - brown,

Trend lines - purple.