Latest News

Ichimoku Cloud Analysis 08.04.2022 AUDUSD, GBPUSD, USDCAD

AUDUSD, Australian Dollar vs US DollarAUDUSD is rebounding from the rising channels downside border at 0.7488; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the rising channels upside border at 0.7515 and then resume moving downwards to reach 0.7265. Another signal in favour of a further downtrend will be a rebound from the rising channels downside border. However, the bearish scenario may no longer be valid if the price breaks the clouds upside border and fixes above 0.7585. In this case, the pair may continue growing towards 0.7675. To confirm further decline, the asset must break the rising channels downside border and fix below 0.7435.GBPUSD, Great Britain Pound vs US DollarGBPUSD is still testing the support area at 1.3066; 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 1.3095 and then resume moving downwards to reach 1.2850. Another signal in favour of a further downtrend will be a rebound from the upside border of the Triangle pattern. However, the bearish scenario may no longer be valid if the price breaks the clouds upside border and fixes above 1.3195. In this case, the pair may continue growing towards 1.3285. To confirm further decline, the asset must break the patterns downside border and fix below 1.3005.USDCAD, US Dollar vs Canadian DollarUSDCAD is testing…

You may also like

Leave a reply

Your email address will not be published.

More in Latest News