empty

You are about to leave

www.instaforex.eu >

a website operated by

INSTANT TRADING EU LTD

Proceed

Live Chat

InstaForex Loprais Team - Official participant of the Dakar rally

Trading Conditions

Products

Tools

Charts

OYS Portfolios

Synthetic shares

Synthetic ETFs

Shares Basket

Guide to Forex

Getting Started?

Training

Open Demo Account

Forex Analytics

Calendars

Take a Break

Affiliate programs

Contact Us

Forex Informer

Company News

Awards

InstaSport

Regulation

Premium liquidity

Why Choose Us

InstaForex Loprais Team - Official participant of the Dakar rally

For Traders

Analytical Reviews

Ichimoku Indicator

11.08.202315:37 Forex Analysis & Reviews: Ichimoku cloud indicator analysis on EURUSD for August 11th, 2023.

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 11.08.2023 analysis

EURUSD is in a bearish short-term trend according to the Ichimoku cloud indicator in the 4 hour chart. Price has already provided us with a 4 hour candlestick below the Kumo (cloud). This is a bearish signal. Price is trading below the tenkan-sen (red line indicator) and the kijun-sen (yellow line indicator). The tenkan-sen provides resistance at 1.1011 and the kijun-sen at 1.10. The Chikou span (black line indicator) is below the candlestick pattern (bearish). The recent break above the cloud was short-lived and looked more like a trap. For bulls to regain control of the trend we need to see price above 1.1030. Price is vulnerable to a move lower towards 1.09.

Alexandros Yfantis
Analytical expert of InstaForex
© 2007-2025

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

GBP/USD: Simple Trading Tips for Beginner Traders on March 20. Review of Yesterday's Forex Trades The price test at 1.2978 occurred when the MACD indicator moved significantly above the zero mark, limiting the pair's upward potential. For this reason, I did not buy the pound

09:07 2025-03-20 +02:00

1750

EUR/USD: Simple Trading Tips for Beginner Traders on March 20. Review of Yesterday's Forex Trades The price test at 1.0911 occurred when the MACD indicator had already moved significantly above the zero mark, which limited the pair's upward potential. For this reason

09:07 2025-03-20 +02:00

1690

Analytical News

US Market News Digest for March 20 Although the S&P 500 shows optimism, its growth since March 14 has been viewed as more of a correction. A move toward the target range of 5,881–5,910 becomes more likely

Ekaterina Kiseleva

12:26 2025-03-20 +02:00

1615

Technical analysis

EUR/USD. March 20th. Bears Failed to Regain Control Once Again On Wednesday, the EUR/USD pair rebounded from the 1.0944 level for the third time and reversed in favor of the U.S. dollar, declining toward the 200.0% Fibonacci level at 1.0857

11:41 2025-03-20 +02:00

1630

Technical analysis

Forecast for GBP/USD on March 20, 2025 On the hourly chart, the GBP/USD pair rebounded from the 127.2% Fibonacci retracement level at 1.3003 on Wednesday, followed by a slight decline. Shortly after, the pair returned to 1.3003

11:36 2025-03-20 +02:00

1720

USD/JPY. Analysis and Forecast The Japanese yen maintains its bullish bias, driven by expectations that the Bank of Japan will continue raising interest rates this year. A strong increase in wages could boost consumer

11:31 2025-03-20 +02:00

1810

Fundamental analysis

XAU/USD. Analysis and Forecast Gold is experiencing a slight decline after reaching a new all-time high, remaining in a defensive stance. Currently, bullish traders are exercising caution, as indicated by overbought conditions

11:29 2025-03-20 +02:00

1555

Analytical News

Gold on Fire: Ounce Breaks $3,057, Indexes Also Up Fed Leaves Rates Unchanged, As Expected Central Bank to Reduce Balance Shelf Life Powell Signals Impact of Tariffs Is Difficult to Determine Gold Hits Record High of $3,057.21 an Ounce

11:26 2025-03-20 +02:00

1225

Technical analysis

GBP/USD: Pound Losing Significant Bullish Momentum The British currency has recently gained significantly against the dollar due to two key factors: the weakness of the U.S. currency amid recession risks in America and uncertainty about

11:25 2025-03-20 +02:00

1540

Crypto-currencies

Bitcoin aims to hit $90,000 Following yesterday's Federal Reserve meeting, where the central bank ran out of strong arguments to keep interest rates high, Bitcoin and Ethereum have resumed their bullish movement. Despite the Fed's

10:32 2025-03-20 +02:00

1225

US stock market on March 20: S&P 500 and Nasdaq regain their footing US stock indices ended the day with solid gains. The S&P 500 climbed by 1.1% and the Nasdaq 100 closed 1.41% up. At the moment, S&P 500 futures

10:30 2025-03-20 +02:00

1540

Fundamental analysis

Fed's message music to bulls' ears The Fed is not throwing a lifeline to the S&P 500, but does it need one? Lifelines are for those drowning, while the market is merely spooked by a fleeting

Marek Petkovich

10:05 2025-03-20 +02:00

1540

Fundamental analysis

Markets Are Stuck in a Vicious Circle with No Exit in Sight (Potential Decline for Bitcoin and Gold Prices) The markets are currently experiencing significant shock due to a prevailing negative sentiment that looms over them like a heavy burden, with no resolution in sight. Given this situation

09:23 2025-03-20 +02:00

1450

Crypto-currencies

Trading Recommendations for the Cryptocurrency Market on March 20 Bitcoin and Ethereum have experienced a rebound following yesterday's Federal Reserve meeting, which indicated that interest rates may need to be lowered. Regardless of how long the Fed intends

Miroslaw Bawulski

09:22 2025-03-20 +02:00

1405

USD/JPY: Simple Trading Tips for Beginner Traders on March 20. Review of Yesterday's Forex Trades The price test at 149.63 occurred when the MACD indicator had just begun moving downward from the zero mark, confirming a valid entry point for selling the dollar

09:08 2025-03-20 +02:00

1705

GBP/USD: Simple Trading Tips for Beginner Traders on March 20. Review of Yesterday's Forex Trades The price test at 1.2978 occurred when the MACD indicator moved significantly above the zero mark, limiting the pair's upward potential. For this reason, I did not buy the pound

09:07 2025-03-20 +02:00

1750

EUR/USD: Simple Trading Tips for Beginner Traders on March 20. Review of Yesterday's Forex Trades The price test at 1.0911 occurred when the MACD indicator had already moved significantly above the zero mark, which limited the pair's upward potential. For this reason

09:07 2025-03-20 +02:00

1690

Analytical News

US Market News Digest for March 20 Although the S&P 500 shows optimism, its growth since March 14 has been viewed as more of a correction. A move toward the target range of 5,881–5,910 becomes more likely

Ekaterina Kiseleva

12:26 2025-03-20 +02:00

1615

Technical analysis

EUR/USD. March 20th. Bears Failed to Regain Control Once Again On Wednesday, the EUR/USD pair rebounded from the 1.0944 level for the third time and reversed in favor of the U.S. dollar, declining toward the 200.0% Fibonacci level at 1.0857

11:41 2025-03-20 +02:00

1630

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.02% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Turn "Do Not Track" off