Open trading account 
Looking at the EUR vs USD first on the daily chart you will notice where this fall started. The pair has attempted 3 times to break the flat bottom Kumo @ 1.31840 level and failed thus causing the price to break beneath the 100 SMA which is the blue line on the chart. With that fall the pair could have found support at the fractal support level but this level was violated and the pair continues to fall. When price is below the Kumo the bias of the market is bearish and there is no reason to expe…
IchiTrader63's Blog
EUR vs CAD Technical Analysis
Looking at the chart above featuring EUR vs CAD on the daily time frame using Ichimoku analysis we can see price sitting inside the Kumo. The Kumo acts as support and resistance levels and with price inside of the Kumo the flat bottom is a resistance level. Also on the chart we can see a blue line which represents the 100 SMA. Price has broken below the 100 SMA which also was a S&R level to be noted. If price breaks the support of the Kumo @ 1.31325 we can expect price to move to the next level …