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Ichimoku Cloud Analysis 19.01.2022 EURUSD, USDCAD, AUDUSD

EURUSD, Euro vs US DollarEURUSD is trading at 1.1330; 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 1.1365 and then resume moving downwards to reach 1.1225. Another signal in favour 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 1.1450. In this case, the pair may continue growing towards 1.1545.USDCAD, US Dollar vs Canadian DollarUSDCAD is trading at 1.2503; 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 1.2525 and then resume moving downwards to reach 1.2275. 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 1.2685. In this case, the pair may continue growing towards 1.2775.AUDUSD, Australian Dollar vs US DollarAUDUSD is trading at 0.7186; 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 0.7215 and then resume moving downwards to reach 0.7060. Another signal in favour of a further downtrend will be a…

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