Daily review of USD / JPY and AUD / USD as of August 29, 2017. Ichimoku Indicator

USD/JPY

Players on the fall try to overcome the support of the monthly Fibo Kijun (109.06) and get out of the week cloud (Senkou Span B 108.84). The nearest downward reference point at the moment is the target for the breakdown of the Ichimoku daytime cloud (107,12-85). A secure anchorage in the bearish zone, relative to the cloud of weeks, will form the next descending landmark (the goal for the breakdown of the cloud).

The indicator of Ichimoku in the current situation with all the elements supports the players for a fall. The targets for cloud breakdown (N4 + daytime time frame) serve as pivotal landmarks. The most hardened zone of resistance is the zone 108,84-109,06 (cross H4 + cross H1 + levels of high periods), then we can note the cloud H4, reinforced by the levels of the day cross Ichimoku.

AUD / USD

The pair for a long time could not overcome the attraction of the week cloud, but at the moment it is close to fulfilling the target at the breakdown of the cloud (0.8076 - 0.8214). Resistance and an obstacle to the recovery of the upward trend are now being rendered by the Ichimoku day cross (0.7966 - 06). Exemption from the attraction of the cross opens the way to testing the maximum (0.8065), fastening under the cross will help develop a new phase of decline, the nearest supports will be a day cloud and a week-old Tenkan.

Overcoming the resistance of the daytime Fibo Kijun (0.7966) and the target for the breakdown of the H4 cloud opens new prospects for players to rise, the nearest ones are testing of the maximum extremum (0.8065) and the fulfillment of the weekly target on the first target (0.8076). Supports are concentrated today in the area of the cloud H4 (0.7906 - 0.7884 cloud H4 + Senkou Span B N1 + levels of the senior times). The reinforcement below will change the balance of power and will require a new assessment of the situation.

Indicator parameters:

All time intervals 9 - 26 - 52

The color of the indicator lines:

Tenkan (short-term trend) - red,

Kijun (medium-term trend) - green,

Fibo Kijun - green dotted line,

Chinkou - gray,

Clouds: Senkou Span B (SSB, long-term Trend) - blue,

Senkou Span A (SSA) - pink.

The color of the additional lines: support and resistance MN - blue, W1 - green, D1 - red, H4 - pink, H1 - gray,

Horizontal levels (not Ichimoku) - brown,

Trend lines - purple.