Latest News

Ichimoku Cloud Analysis 26.10.2021 EURUSD, XAUUSD, NZDUSD

EURUSD, Euro vs US DollarEURUSD is trading at 1.1604; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the clouds upside border at 1.1625 and then resume moving downwards to reach 1.1495. Another signal in favour of a further downtrend will be a rebound from the resistance level. However, the bearish scenario may no longer be valid if the price breaks the clouds upside border and fixes above 1.1665. In this case, the pair may continue growing towards 1.1755. To confirm further decline, the asset must break the rising channels downside border and fix below 1.1535.XAUUSD, Gold vs US DollarXAUUSD is trading at 1805.00; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test TenkanSen and KijunSen at 1785.00 and then resume moving upwards to reach 1855.00. 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 1765.00. In this case, the pair may continue falling towards 1735.00.NZDUSD, New Zealand Dollar vs US DollarNZDUSD is trading at 0.7175; 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 0.7105 and then resume moving upwards to…

You may also like

Leave a reply

Your email address will not be published.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

More in Latest News