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Ichimoku Cloud Analysis 29.09.2021 EURUSD, AUDUSD, NZDUSD

EURUSD, Euro vs US DollarEURUSD is trading at 1.1682; 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 1.1705 and then resume moving downwards to reach 1.1565. 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 1.1785. In this case, the pair may continue growing towards 1.1875.AUDUSD, Australian Dollar vs US DollarAUDUSD is trading at 0.7254; 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 0.7265 and then resume moving downwards to reach 0.7105. 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 0.7345. In this case, the pair may continue growing towards 0.7435. To confirm further decline, the asset must break the downside border of the Triangle pattern and fix below 0.7185.NZDUSD, New Zealand Dollar vs US DollarNZDUSD is trading at 0.6954; 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…

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