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Ichimoku Cloud Analysis 20.10.2021 EURUSD, NZDUSD, USDRUB

EURUSD, Euro vs US Dollar EURUSD is trading at 1.1640; 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 1.1605 and then resume moving upwards to reach 1.1735. 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 1.1535. In this case, the pair may continue falling towards 1.1445.NZDUSD, New Zealand Dollar vs US DollarNZDUSD is trading at 0.7169; 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 0.7085 and then resume moving upwards to reach 0.7285. 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 0.6945. In this case, the pair may continue falling towards 0.6855.USDRUB, US Dollar vs Russian RubleUSDRUB is trading at 70.87; 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 71.65 and then resume moving downwards to reach 69.60. Another signal in favour of a further downtrend will be a rebound from the…

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