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Ichimoku Cloud Analysis 13.10.2021 GBPUSD, NZDUSD, USDJPY

GBPUSD, Great Britain Pound vs US DollarGBPUSD is trading at 1.3612; 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 1.3570 and then resume moving upwards to reach 1.3855. Another signal in favour of a further uptrend will be a rebound from the rising channels downside border. However, the bullish scenario may no longer be valid if the price breaks the clouds downside border and fixes below 1.3525. In this case, the pair may continue falling towards 1.3435.NZDUSD, New Zealand Dollar vs US DollarNZDUSD is trading at 0.6938; 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 0.6945 and then resume moving downwards to reach 0.6785. 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 0.7015. In this case, the pair may continue growing towards 0.7105. To confirm further decline, the asset must break the patterns downside border and fix below 0.6855.USDJPY, US Dollar vs Japanese YenUSDJPY is trading at 113.48; 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 112.35 and…

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