Latest News

Ichimoku Cloud Analysis 18.11.2021 GBPUSD, BRENT, USDCHF

GBPUSD, Great Britain Pound vs US DollarGBPUSD is trading at 1.3485; 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 1.3495 and then resume moving downwards to reach 1.3285. 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 1.3555. In this case, the pair may continue growing towards 1.3645. To confirm further decline, the asset must break the rising channels downside border and fix below 1.3405.BRENTBrent is trading at 80.01; 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 81.45 and then resume moving downwards to reach 76.95. 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 83.95. In this case, the pair may continue growing towards 85.45. To confirm further decline, the asset must break the descending channels downside border and fix below 79.50.USDCHF, US Dollar vs Swiss FrancUSDCHF is trading at 0.9284; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets…

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News