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Ichimoku Cloud Analysis 22.12.2021 EURUSD, CADCHF, AUDUSD

EURUSD, Euro vs US DollarEURUSD is trading at 1.1270; 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 1.1285 and then resume moving downwards to reach 1.1160. Another signal in favour of a further downtrend will be a rebound from the upside 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 1.1225.CADCHF, Canadian Dollar vs Swiss FrancCADCHF is trading at 0.7155; 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 0.7170 and then resume moving downwards to reach 0.7045. 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 0.7275. In this case, the pair may continue growing towards 0.7365.AUDUSD, Australian Dollar vs US DollarAUDUSD is trading at 0.7128; 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 0.7145 and then resume moving…

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