FX.co ★ Ichimoku graphic analysis: AUD/USD

H4

Worsening situation in Japan resulted in a boost of selling on the markets. For this morning the aussie declined by more than 170 pips to the 0.9940 level.
The Ichimoku indicator responded respectively on the Australian dollar 4-hour graph: the Ichimoku Cloud changed its character to the downside; the Senkou Span A and B (1, 2) and the Tenkan-sen with the Kijun-sen (3) are falling further. It is worth mentioning that the latter ones coincide.
Apparently the decline will be continued.

H1

On 1-hour graph the bears broke the Ichimoku Cloud down after yesterday’s sideways movement along its upper limit. All bearish attempts to recover the rate were unsuccessful: the Kijun-sen provided strong resistance.
Today’s selling resulted in the change of the Cloud’s character to the downside here as well. At the same time the Senkou Span A and И are directed strictly to the downside (1, 2).
Besides, the Tenkan-sen and the Kijun-sen are declining vertically (3), thus pointing out strong bearish sentiment on the market.
It is possible that breakdown of the 1.0000 level will have a negative impact on the further market sentiment and in the nearest time the downtrend is expected to continue.