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Ichimoku Cloud Analysis 25.08.2021 EURUSD, AUDUSD, GBPUSD

EURUSD, Euro vs US DollarEURUSD is trading at 1.1740; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the clouds upside border at 1.1745 and then resume moving downwards to reach 1.1625. Another signal in favor of a further downtrend will be a rebound from the descending channels upside border. However, the bearish scenario may be cancelled if the price breaks the clouds upside border and fixes above 1.1765. In this case, the pair may continue growing towards 1.1855. To confirm further decline, the asset must break the rising channels downside border and fix below 1.1705.AUDUSD, Australian Dollar vs US DollarAUDUSD is trading at 0.7241; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the clouds upside border at 0.7265 and then resume moving downwards to reach 0.7065. Another signal in favor 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 0.7305. In this case, the pair may continue growing towards 0.7405. To confirm further decline, the asset must break the rising channels downside border and fix below 0.7185.GBPUSD, Great Britain Pound vs US DollarGBPUSD is trading at 1.3718; the instrument is moving below Ichimoku Cloud, thus indicating a descending…

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