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Ichimoku Cloud Analysis 28.09.2021 GBPUSD, BRENT, USDCAD

GBPUSD, Great Britain Pound vs US DollarGBPUSD is trading at 1.3706; 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 1.3715 and then resume moving downwards to reach 1.3545. Another signal in favor 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 1.3805. In this case, the pair may continue growing towards 1.3905. To confirm further decline, the asset must break the rising channels downside border and fix below 1.3655.BRENTBrent is trading at 80.33; 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 79.45 and then resume moving upwards to reach 83.55. Another signal in favor of a further uptrend will be a rebound from the rising channels upside border. However, the bullish scenario may no longer be valid if the price breaks the clouds downside border and fixes below 72.55. In this case, the pair may continue falling towards 71.65.USDCAD, US Dollar vs Canadian DollarUSDCAD is trading at 1.2608; 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 1.2650 and then resume moving downwards to reach 1.2445. Another…

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