Latest News

Ichimoku Cloud Analysis 26.08.2021 USDCHF, EURJPY, USDJPY

USDCHF, US Dollar vs Swiss FrancUSDCHF is trading at 0.9146; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the clouds downside border at 0.9155 and then resume moving downwards to reach 0.9010. Another signal in favor of a further downtrend will be a rebound from the upside border of a Triangle pattern. However, the bearish scenario may no longer be valid if the price breaks the clouds upside border and fixes above 0.9190. In this case, the pair may continue growing towards 0.9275. To confirm further decline, the asset must break the patterns downside border and fix below 0.9085.EURJPY, Euro vs Japanese YenEURJPY is trading at 129.38; 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 128.95 and then resume moving upwards to reach 130.60. Another signal in favor 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 128.25. In this case, the pair may continue falling towards 127.35.USDJPY, US Dollar vs Japanese YenUSDJPY is trading at 109.98; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the clouds downside border at 109.75 and then resume…

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News