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Ichimoku Cloud Analysis 04.03.2022 XAGUSD, AUDUSD, EURGBP

XAGUSD, Silver vs US DollarXAGUSD is trading at 25.10; 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 24.65 and then resume moving upwards to reach 26.95. Another signal in favour 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 24.05. In this case, the pair may continue falling towards 23.15. To confirm further growth, the asset must break the resistance level and fix above 25.85.AUDUSD, Australian Dollar vs US DollarAUDUSD is trading at 0.7346; 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 0.7285 and then resume moving upwards to reach 0.7485. Another signal in favour of a further uptrend will be a rebound from the support level. However, the bullish scenario may no longer be valid if the price breaks the clouds downside border and fixes below 0.7135. In this case, the pair may continue falling towards 0.7045. To confirm further growth, the asset must break the rising channels upside border and fix above 0.7385.EURGBP, Euro vs Great Britain PoundEURGBP is trading at 0.8261; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the…

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