Latest News

Ichimoku Cloud Analysis 02.09.2021 EURUSD, AUDUSD, USDCAD

EURUSD, Euro vs US DollarEURUSD is trading at 1.1840; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test TenkanSen and KijunSen at 1.1805 and then resume moving upwards to reach 1.1945. Another signal in favor of a further uptrend will be a rebound from the ascending channels downside border. However, the bullish scenario may be cancelled if the price breaks the clouds downside border and fixes below 1.1715. In this case, the pair may continue falling towards 1.1625.AUDUSD, Australian Dollar vs US DollarAUDUSD is trading at 0.7377; 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 0.7345 and then resume moving upwards to reach 0.7445. 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 0.7305. In this case, the pair may continue falling towards 0.7210.USDCAD, US Dollar vs Canadian DollarUSDCAD is trading at 1.2616; 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 1.2620 and then resume moving downwards to reach 1.2435. Another signal in favor of a further downtrend will be a rebound from the rising…

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News