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Ichimoku Cloud Analysis 18.08.2021 GBPUSD, NZDJPY, AUDUSD

GBPUSD, Great Britain Pound vs US DollarGBPUSD is trading at 1.3780; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test TenkanSen and KijunSen at 1.3755 and then resume moving downwards to reach 1.3560. Another signal in favor 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 1.3905. In this case, the pair may continue growing towards 1.4005.NZDJPY, New Zealand Dollar vs Japanese YenNZDJPY is trading at 75.91; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test TenkanSen and KijunSen at 76.25 and then resume moving downwards to reach 74.35. 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 77.65. In this case, the pair may continue growing towards 78.75.AUDUSD, Australian Dollar vs US DollarAUDUSD is trading at 0.7261; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test TenkanSen and KijunSen at 0.7305 and then resume moving downwards to reach 0.7165. Another signal in favor of a further downtrend will be a…

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