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Ichimoku Cloud Analysis 01.10.2021 EURUSD, BRENT, NZDUSD

EURUSD, Euro vs US DollarEURUSD is trading at 1.1576; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the clouds downside border at 1.1605 and then resume moving downwards to reach 1.1505. Another signal in favor of a further downtrend will be a rebound from the descending channels upside border. However, the bearish scenario may no longer be valid if the price breaks the clouds upside border and fixes above 1.1665. In this case, the pair may continue growing towards 1.1775.BRENTBrent is trading at 78.65; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the clouds upside border at 77.65 and then resume moving upwards to reach 83.05. Another signal in favor of a further uptrend will be a rebound from the rising channels downside border. However, the bullish scenario may no longer be valid if the price breaks the clouds downside border and fixes below 75.45. In this case, the pair may continue falling towards 74.35.NZDUSD, New Zealand Dollar vs US DollarNZDUSD is trading at 0.6883; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test TenkanSen and KijunSen at 0.6955 and then resume moving downwards to reach 0.6725. Another signal in favor of a further downtrend will be a rebound from the descending channels upside…

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