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Ichimoku Cloud Analysis 13.09.2021 EURUSD, NZDUSD, CADJPY

EURUSD, Euro vs US DollarEURUSD is trading at 1.1787; 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 1.1815 and then resume moving downwards to reach 1.1670. Another signal in favor of a further downtrend will be a rebound from the resistance level. However, the bearish scenario may be cancelled if the price breaks the clouds upside border and fixes above 1.1875. In this case, the pair may continue growing towards 1.1965. To confirm further decline, the asset must break the rising channels downside border and fix below 1.1750.NZDUSD, New Zealand Dollar vs US DollarNZDUSD is trading at 0.7098; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the clouds upside border at 0.7115 and then resume moving downwards to reach 0.6955. Another signal in favor of a further downtrend will be a rebound from the resign channels downside border. However, the bearish scenario may be cancelled if the price breaks the clouds upside border and fixes above 0.7145. In this case, the pair may continue growing towards 0.7235. To confirm further decline, the asset must break the support level and fix below 0.7040, thus completing a Double Top reversal pattern.CADJPY, Canadian Dollar vs Japanese YenCADJPY is trading at 86.82; the instrument is moving below Ichimoku Cloud, thus indicating a…

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