The above chart shows the hourly ichimoku cloud of FXCM's JPY index - JPYBASKET. The observations are as follows: - The lime green leading span A had crossed above the red leading span B. - The forward cloud is light green and indicates support. - Price is above the black base line and the base line is moving in a bullish direction. - The orange lagging span is above price, which is indicative of strength.
These observations suggest an element of bullishness for FXCM's JPYBASKET.