Latest News

Ichimoku Cloud Analysis 20.12.2021 EURUSD, AUDUSD, BRENT

EURUSD, Euro vs US DollarEURUSD is trading at 1.1253; 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 1.1265 and then resume moving downwards to reach 1.1145. Another signal in favour of a further downtrend will be a rebound from the downside 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 1.1325. In this case, the pair may continue growing towards 1.1415. To confirm further decline, the asset must break the support level and fix below 1.1205.AUDUSD, Australian Dollar vs US DollarAUDUSD is trading at 0.7105; 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 0.7125 and then resume moving downwards to reach 0.6965. 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 0.7190. In this case, the pair may continue growing towards 0.7280.BRENTBrent is trading at 71.00; 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 73.05 and then resume moving downwards to reach 63.45. Another…

You may also like

Leave a reply

Your email address will not be published.

More in Latest News