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Ichimoku Cloud Analysis 06.10.2021 GBPUSD, AUDUSD, USDJPY

GBPUSD, Great Britain Pound vs US DollarGBPUSD is trading at 1.3609; 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 1.3580 and then resume moving upwards to reach 1.3815. Another signal in favor of a further uptrend will be a rebound from the descending channels upside border. However, the bullish scenario may no longer be valid if the price breaks the clouds downside border and fixes below 1.3480. In this case, the pair may continue falling towards 1.3390.AUDUSD, Australian Dollar vs US DollarAUDUSD is trading at 0.7259; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the clouds downside border at 0.7235 and then resume moving upwards to reach 0.7385. Another signal in favor of a further uptrend will be a rebound from the descending channels upside border. However, the bullish scenario may no longer be valid if the price breaks the clouds downside border and fixes below 0.7195. In this case, the pair may continue falling towards 0.7095. To confirm further growth, the asset must break the resistance area and fix above 0.7315, thus completing a Head Shoulders reversal pattern.USDJPY, US Dollar vs Japanese YenUSDJPY is trading at 111.68; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may…

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