Ichimoku Cloud

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Can McDonald's Q2 Earnings Reignite Momentum?
FX Empire· 2025-08-05 00:43
Notably, at the beginning of June, the share price dipped below the Ichimoku Cloud, signaling a temporary shift toward bearish momentum. However, this move failed to gain traction, and buyers soon regained control, lifting the price back into the cloud by mid-July and setting up the current test of resistance.The Ichimoku Cloud analysis reveals that price action in recent months has often oscillated around the Kijun-sen and Tenkan-sen lines, suggesting indecision and a lack of strong directional momentum. T ...