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Ichimoku Cloud Analysis 30.07.2021 AUDUSD, XAGUSD, NZDUSD

AUDUSD, Australian Dollar vs US DollarAUDUSD is trading at 0.7378; 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 0.7380 and then resume moving downwards to reach 0.7215. 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 0.7445. In this case, the pair may continue growing towards 0.7535.XAGUSD, Silver vs US DollarXAGUSD is trading at 25.52; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the clouds downside border at 25.15 and then resume moving upwards to reach 26.80. Another signal in favor of a further uptrend will be a rebound from the descending channels upside border. However, the bullish scenario may no longer be valid if the price breaks the clouds downside border and fixes below 24.55. In this case, the pair may continue falling towards 23.65.NZDUSD, New Zealand Dollar vs US DollarNZDUSD is trading at 0.6993; 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 0.6965 and then resume moving upwards to reach 0.7120. Another signal in favor of a further uptrend will be a breakout of…

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