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Ichimoku Cloud Analysis 15.12.2021 EURUSD, XAUUSD, GBPAUD

EURUSD, Euro vs US DollarEURUSD is trading at 1.1271; 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 1.1290 and then resume moving downwards to reach 1.1135. 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 1.1340. In this case, the pair may continue growing towards 1.1435. To confirm further decline, the asset must break the patterns downside border and fix below 1.1225.XAUUSD, Gold vs US DollarXAUUSD is trading at 1769.00; 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 1775.00 and then resume moving downwards to reach 1725.00. 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 1795.00. In this case, the pair may continue growing towards 1835.00.GBPAUD, Great Britain Pound vs Australian DollarGBPAUD is trading at 1.8597; 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 1.8615…

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