Market Overview

31 May 2018 08:09

Marios Athinodorou

EURUSD 1H Technical View Here we can see that a potential bullish opportunity has started to form, a confirmed kumo break out is in place with the price out of the cloud, tekan sen and kijun sen being in bullish formation, and the chikou span above the price. What we would like to see before starting to look for any potential bullish signals is the price bounce on kijun sen . Taking in consideration the fundamental aspect it's important to state here that following the bull side shall be considered with caution.
30 May 2018 07:32

Marios Athinodorou

BTCUSD Daily Chart According to Ichimocu system it is notable that on BTCUSD daily chart the price is below the cloud and the chikou span is below the price, tekan sen and kijun sen seem to be in a bearish formation but the cloud seems to be in a bullish formation and two lines are still inside the cloud.
29 May 2018 08:08

Marios Athinodorou

Based on the Ichicoku system it can be observed that the price is clearly below the kumo the tekan sen and kijun sen are in bearish formation and chikou span is below the price. To start looking for any potential bearish signals we need to see the price reversing to tekan sen.
25 May 2018 07:08

Marios Athinodorou

Based on the Ichimocu system it can be observed that the recent kumo break out was confirmed after the chikou span broke the cloud. The lines and the cloud seem to be in bullish formation. To be able to start looking for any potential bullish signals we would like to see the price to break above the 2 lines. Disclaimer: Materials, analysis and opinions contained, referenced or provided herein are intended solely for informational and education purposes.
24 May 2018 07:17

Marios Athinodorou

Based on the Ichimocu system we can see that the price is below the cloud, the tekan sen and kijun sen seem to be in a bear formation and chikou span is below the cloud. Any actions for potential bearish signals might be taken into consideration in case the price reverses to the tekan sen or kijun sen.
23 May 2018 09:04

Marios Athinodorou

USTRY Daily Chart Based on the crossing of the 2 EMAs here 36 and 12 we can see that the price heads upward.. Any actions for potential bullish signals might be taken into consideration in case the price reverses to the first EMA (12) which will be approximately in the same level as the Fibonacci 38% Disclaimer: Materials, analysis and opinions contained, referenced or provided herein are intended solely for informational and education purposes.
22 May 2018 07:39

Marios Athinodorou

USDRUB Based on Ichimocu system it can be noticed that the price is below the cloud the kijun sen and the tekan sen seem to be in a bearish formation. The chikou span appears below the price. What we would like to see here is the possibility of the price to bounce on the tekan sen before start looking for any potential signals. USDRUB 1H CHART Disclaimer: Materials, analysis and opinions contained, referenced or provided herein are intended solely for informational and education purposes.
22 May 2018 07:38

Marios Athinodorou

USDTRY This pair hit the record highs this month what can be noted based on the Ichimoku system the price is out of the cloud and the tekan sen and kijun sean seem to be in a bullish formation. The chikou span is above the price meaning that the uptrend may potentially continue with no technical obstacles at the moment. But before we start looking for any potential bearish signals we need to have a bounce on the tekan sen or kijun sen and we need also to pay attention to stochastic.
21 May 2018 07:08

Marios Athinodorou

On XRPUSD it can be observed that the price has formed a confirmed bullish kumo break out yet based on the Ichimocu system. The tekan sen and kijun sen seem to be in bullish formation, the chikou span is above the price and the cloud seems to be on the bullish mode. What we would like to see here before start looking for any potential signals is the bounce of the price on the tekan sen line. Disclaimer: Materials, analysis and opinions contained, referenced or provided herein are intended solely for informational and education purposes.
21 May 2018 07:06

Marios Athinodorou

Based on Ichimocu system it can be notice that the price is also above the cloud the kijun sen and the tekan sen seem to be in a bullish formation. The chikou span appears above the price. Now the picture here seems to be bullish for the moment and we would be more confidence if the stochastic was below the 20 level. Other clues here that may state a potential bearish momentum are the blue color of the cloud and the slope of tekan sen.

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer.

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Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.55% 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.