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Ichimoku Cloud Analysis 25.01.2022 GBPUSD, USDCHF, USDCAD

GBPUSD, Great Britain Pound vs US DollarGBPUSD is trading at 1.3474; 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 1.3505 and then resume moving downwards to reach 1.3355. 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 1.3575. In this case, the pair may continue growing towards 1.3665.USDCHF, US Dollar vs Swiss FrancUSDCHF is trading at 0.9161; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the clouds downside border at 0.9150 and then resume moving upwards to reach 0.9265. Another signal in favour of a further uptrend will be a rebound from the descending channels upside border. However, the bullish scenario may no longer be valid if the price breaks the clouds downside border and fixes below 0.9115. In this case, the pair may continue falling towards 0.9025. To confirm further growth, the asset must break the resistance level and fix above 0.9205. This movement will indicate the completion of a Double bottom reversal pattern.USDCAD, US Dollar vs Canadian DollarUSDCAD is trading at 1.2635; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could…

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