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Ichimoku Cloud Analysis 25.02.2022 EURUSD, USDCAD, USDCHF

EURUSD, Euro vs US DollarEURUSD is trading at 1.1204; 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 1.1285 and then resume moving downwards to reach 1.1005. 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 1.1415. In this case, the pair may continue growing towards 1.1505.USDCAD, US Dollar vs Canadian DollarUSDCAD is trading at 1.2790; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the clouds upside border at 1.2775 and then resume moving upwards to reach 1.2935. 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 1.2715. In this case, the pair may continue falling towards 1.2605.USDCHF, US Dollar vs Swiss FrancUSDCHF is trading at 0.9235; 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 0.9215 and then resume moving upwards to reach 0.9335. Another signal in favour of a further uptrend will be a rebound from the…

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