Ichimoku Cloud Analysis 03.12.2019 (AUDUSD, NZDUSD, USDCAD)

2019-12-03 20:01    RoboForex

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is trading at 0.6843; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 0.6825 and then resume moving upwards to reach 0.6905. Another signal to confirm further ascending movement is the price’s rebounding from the descending channel’s upside border. However, the scenario that implies further growth may be canceled if the price breaks the cloud’s downside border and fixes below 0.6760. In this case, the pair may continue falling towards 0.6695.

Ichimoku Cloud Analysis 03.12.2019 (AUDUSD, NZDUSD, USDCAD) Institution Opinions 1
Ichimoku Cloud Analysis 03.12.2019 (AUDUSD, NZDUSD, USDCAD) Institution Opinions 2

NZDUSD, “New Zealand Dollar vs US Dollar”

NZDUSD is trading at 0.6508; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 0.6485 and then resume moving upwards to reach 0.6575. Another signal to confirm further ascending movement is the price’s rebounding from the rising channel’s upside border. However, the scenario that implies further growth may be canceled if the price breaks the cloud’s downside border and fixes below 0.6385. In this case, the pair may continue falling towards 0.6305.

Ichimoku Cloud Analysis 03.12.2019 (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 1.3303; 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 1.3290 and then resume moving upwards to reach 1.3395. 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 1.3235. In this case, the pair may continue falling towards 1.3155. After breaking Triangle’s upside border and fixing above 1.3335, the price may continue moving upwards.

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

AUDCADNZDIchimoku Cloud Analysis

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