Tuesday 03rd January 2023 : Technical Outlook and Review
Looking at the H4 chart, my overall bias for S&P500 is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect the price to continue heading towards the 1st support at 3636.87, where the 78.6% Fibonacci line is.
Wednesday 28th December 2022: Technical Outlook and Review
Looking at the H4 chart, my overall bias for S&P500 is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect the price to continue heading towards the 1st support at 3636.87, where the 78.6% Fibonacci line is.
Tuesday 27th December 2022: Technical Outlook and Review
Looking at the H4 chart, my overall bias for USDJPY is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to possibly head towards the 1st support at 130.421, where the previous swing low is located.
Friday 23rd December 2022: Technical Outlook and Review
Looking at the H4 chart, my overall bias for S&P500 is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect the price to continue heading towards the 1st support at 3636.87, where the 78.6% Fibonacci line is.
Thursday 22nd December 2022: Technical Outlook and Review
Looking at the H4 chart, my overall bias for S&P500 is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to continue heading towards the 1st support at 3636.87, where the 78.6% Fibonacci line is.
Wednesday 21st December 2022: Technical Outlook and Review
Looking at the H4 chart, my overall bias for USDJPY is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to possibly head towards the 1st support at 130.421, where the previous swing low is located.
Tuesday 20th December 2022: Technical Outlook and Review
The current general bias for USDJPY on the H4 chart is bullish. To add confluence to this, the price is above the Ichimoku cloud which indicates a bullish market. If the bullish momentum continues, expect USDJPY to break the 1st resistance line at 137.657, where the 61.8% Fibonacci line and previous low are located before heading towards the 2nd resistance at 140.356, where the 50% Fibonacci line and previous swing low are.
Monday 19th December 2022: Technical Outlook and Review
Looking at the H4 chart, my overall bias for S&P500 is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to continue heading towards the 1st support at 3806.91, where the 50% Fibonacci line is.
Friday 16th December 2022: Technical Outlook and Review
The current general bias for USDJPY on the H4 chart is bullish. To add confluence to this, the price is above the Ichimoku cloud which indicates a bullish market. If the bullish momentum continues, expect USDJPY to break the 1st resistance line at 137.657, where the 61.8% Fibonacci line and previous low are located before heading towards the 2nd resistance at 140.356, where the 50% Fibonacci line and previous swing low are.
