Scenario : If price (and LS) in 4 hour timeframe gets under 0.0295 then that would be a confirmation of bearish trend. If price (and LS) in 4 hour timeframe does not get under 0.0295 than further analysis to be done If price gets under 0.0295 then next potential support would be 0.0201
EURUSD strong bearish trend these last hours. A potential support could be 1.11697
The current candle has begun under all the Ichimoku lines so according to me this is a confirmation of the bearish trend in 4 hour timeframe, so for day trading.
I think that the Volatility Index may go up to 18.9 (daily key level).
A possible scenario : - Price going downtrend until 104.055 or lower until 104.012 - Then price going uptrend until first double resistance of 104.279/104.299 - Then if price gets over the double resistance, price may go uptrend to 104.478
I think that the price will be bullish because it is so in many timeframes in Ichimoku reading.
Bullish. Next possible resistance is 3.39552
The lagging span had got out of the cloud and then there has been a strong bullish trend.
In ichimoku reading, the next potential resistance is 43.57.
The price seems to actually encounter 2 resistances. I think of a bullish trend in the following hours or days.
I think that the price is in a non-trending zone in 4 hour timeframe with Ichimoku reading.
In 1 hour timeframe, I think that the price may bounce on the Kijun Sen to go back and down again.
The price is bearish. The only confirmation is the actual candle in 15min timeframe. If this candle keeps being under TS and KS then bearish confirmation at least for the next hours.
Price is bullish on many timeframes according to my Ichimoku Kinko Hyo analysis. The only gray point is the the one hour candle is on a Ichimoku line... If the next one hour candle is over then it might confirm a bullish trend for some hours at least.
The price may still be bullish in the next minutes at least.
I think that if the price gets over 43.39 then it will go up to 43.49 and eventually 43.60. Price may stay in a range that is 43.30-43.29 (support-resistance).
But I think that it may be to late to take a short position.