Ichimoku Cloud Analysis 30.10.2019 (AUDUSD, NZDUSD, USDCAD)

2019-10-30 22:25    RoboForex

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is trading at 0.6862; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 0.6835 and then resume moving upwards to reach 0.6965. Another signal to confirm further ascending movement is the price’s rebounding from the rising channel’s downside border. However, the scenario that implies further growth may be canceled if the price breaks the cloud’s downside border and fixes below 0.6775. In this case, the pair may continue falling towards 0.6685. After breaking the descending channel’s upside border and fixing above 0.6895, the price may continue moving upwards.

Ichimoku Cloud Analysis 30.10.2019 (AUDUSD, NZDUSD, USDCAD) Institution Opinions 1
Ichimoku Cloud Analysis 30.10.2019 (AUDUSD, NZDUSD, USDCAD) Institution Opinions 2

NZDUSD, “New Zealand Dollar vs US Dollar”

NZDUSD is trading at 0.6349; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s downside border at 0.6335 and then resume moving upwards to reach 0.6495. Another signal to confirm further ascending movement is the price’s rebounding from the rising channel’s downside border. However, the scenario that implies further growth may be canceled if the price breaks the cloud’s downside border and fixes below 0.6320. In this case, the pair may continue falling towards 0.6235. After breaking the cloud’s upside border and fixing above 0.6415, the price may resume its ascending tendency.

Ichimoku Cloud Analysis 30.10.2019 (AUDUSD, NZDUSD, USDCAD) Institution Opinions 3
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD is trading at 1.3091; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s upside border at 1.3110 and then resume moving downwards to reach 1.2965. Another signal to confirm further descending movement is the price’s rebounding from the descending channel’s upside border. However, the scenario that implies further decline may be canceled if the price breaks the cloud’s upside border and fixes above 1.3155. In this case, the pair may continue growing towards 1.3235.

USDCAD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

AUDCADNZDIchimoku Cloud Analysis

0 traders reviewed this item, please leave a reply!

About FXYEAH | Broker Listing | Contribute | Contact Us | Sitemap | TagCloud
Disclaimer: All contents of site are only for your reference, don't suggest you do any investment decision, you should be responsible for your decision.