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Ichimoku Cloud Analysis 26.04.2022 NZDUSD, USDCHF, USDCAD

NZDUSD, New Zealand Dollar vs US DollarNZDUSD is still rebounding from TenkanSen. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test KijunSen at 0.6665 and then resume moving downwards to reach 0.6450. 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 0.6845. In this case, the pair may continue growing towards 0.6935.USDCHF, US Dollar vs Swiss FrancUSDCHF is rising within the bullish channel. In the daily chart, bulls have broken the high it reached early last year, so the next upside target is at 0.9900. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the clouds upside border at 0.9490 and then resume moving upwards to reach 0.9785. 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 0.9375. In this case, the pair may continue falling towards 0.9285.USDCAD, US Dollar vs Canadian DollarUSDCAD is testing the bullish channels upside border. Bulls have been able to fix the price above the resistance at 1.2670, so they can continue pushing it up to…

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