Ichimoku Cloud Analysis 15.05.2019 (AUDUSD, NZDUSD, USDCAD)

2019-05-15 17:00    RoboForex

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is trading at 0.6930; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the upside border of the cloud at 0.6945 and then resume moving downwards to reach 0.6855. Another signal to confirm further descending movement is the price’s rebounding from the channel’s upside border. However, the scenario that implies further decline may be cancelled if the price breaks the upside border of the cloud and fixes above 0.6995. In this case, the pair may continue growing towards 0.7075.

Ichimoku Cloud Analysis 15.05.2019 (AUDUSD, NZDUSD, USDCAD) Institution Opinions 1
Ichimoku Cloud Analysis 15.05.2019 (AUDUSD, NZDUSD, USDCAD) Institution Opinions 2

NZDUSD, “New Zealand Dollar vs US Dollar”

NZDUSD is trading at 0.6566; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the upside border of the cloud at 0.6575 and then resume moving downwards to reach 0.6465. Another signal to confirm further descending movement is the price’s rebounding from the channel’s upside border. However, the scenario that implies further decline may be cancelled if the price breaks the upside border of the cloud and fixes above 0.6580. In this case, the pair may continue growing towards 0.6665.

Ichimoku Cloud Analysis 15.05.2019 (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 1.3462; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the downside border of the cloud at 1.3445 and then resume moving upwards to reach 1.3575. Another signal to confirm further ascending movement is the price’s rebounding from the support level. However, the scenario that implies further growth may be cancelled if the price breaks the downside border of the cloud and fixes below 1.3405. In this case, the pair may continue falling towards 1.3325. After breaking the upside border of the Triangle pattern and fixing above 1.3505, 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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