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Ichimoku Cloud Analysis 10.03.2022 GBPJPY, AUDUSD, USDJPY

GBPJPY, Great Britain Pound vs Japanese YenGBPJPY is trading at 152.91; 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 153.35 and then resume moving downwards to reach 149.65. 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 154.45. In this case, the pair may continue growing towards 155.35. To confirm further decline, the asset must break the rising channels downside border and fix below 152.35.AUDUSD, Australian Dollar vs US DollarAUDUSD is trading at 0.7333; 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 0.7305 and then resume moving upwards to reach 0.7505. Another signal in favour 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 0.7205. In this case, the pair may continue falling towards 0.7105.USDJPY, US Dollar vs Japanese YenUSDJPY is trading at 115.99; 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…

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