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Ichimoku Cloud Analysis 09.09.2021 EURUSD, XAUUSD, USDCHF

EURUSD, Euro vs US DollarEURUSD is trading at 1.1821; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the clouds downside border at 1.1820 and then resume moving upwards to reach 1.2020. Another signal in favor of a further uptrend will be a rebound from the support level of a 50 bullish pattern. However, the bullish scenario may be cancelled if the price breaks the clouds downside border and fixes below 1.1735. In this case, the pair may continue falling towards 1.1645. To confirm further growth, the asset must break the descending channels upside border and fix above 1.1880.XAUUSD, Gold vs US DollarXAUUSD is trading at 1788.00; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the clouds downside border at 1800.00 and then resume moving downwards to reach 1750.00. Another signal in favor 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 1830.00. In this case, the pair may continue growing towards 1875.00.USDCHF, US Dollar vs Swiss FrancUSDCHF is trading at 0.9197; 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 0.9165 and then resume moving…

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