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Ichimoku Cloud Analysis 05.05.2022 GBPUSD, USDCAD, NZDUSD

GBPUSD, Great Britain Pound vs US DollarGBPUSD is falling within the bearish channel. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the clouds downside border at 1.2575 and then resume moving downwards to reach 1.2255 Another signal in favour 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 1.2755. In this case, the pair may continue growing towards 1.2845. To confirm further decline, the asset must break the bullish channels downside border and fix below 1.2395.USDCAD, US Dollar vs Canadian DollarUSDCAD is testing the support area. The instrument is currently moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the clouds downside border at 1.2660 and then resume moving upwards to reach 1.2995. 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 1.2605. In this case, the pair may continue falling towards 1.2510.NZDUSD, New Zealand Dollar vs US DollarNZDUSD his rebounding from the bearish channels upside border. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending…

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