EUR/JPY: Ichimoku indicators analysis - Обзоры экспертов БКС Форекс

Let's look at the four-hour chart. Tenkan-sen line is above Kijun-sen, the lines are horizontal . Confirmative line Chikou Span is above the price chart, current cloud is ascending.The instrument is trading above Tenkan-sen and Kijun-sen lines; the Bullish trend is still strong.

The closest support level is Kijun-sen line (124.38).One of the previous maximums of Chikou Span line is expected to be a resistance level (126.66).On the daily chart Tenkan-sen line is below Kijun-sen, the blue line is directed upwards, while the red one remains horizontal.