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EURUSD: ICHIMOKU CLOUD ANALYSIS FOR MAY 08, 2015

Posted on May 8, 2015 09:15

EURO against the US dollar ticked down in early Asian session and more continuation is expected in EU session. This pair was getting lower since yesterday and today US NFP data would be highly affect able for this pair at 5.30pm.

As per Ichimoku Cloud analysis the trend is strongly bearish for this pair. In h1 candle has crossed the clouds and senko span B is above then the Senko Span A . Cloud has changed its color and the bullish trend has been finished.

Monday, 25 May, 2015 / 12:09

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Source : https://rinvestments.com/forex-forecast/eurusd-ichimoku-cloud-analysis-for-may-08-2015.html

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