RoboForex - Analytics

RoboForex

966.25 5.25/10
76% of positive reviews
Real
How to join the service?

Ichimoku Cloud Analysis 12.07.2017 (AUD/USD, NZD/USD, USD/CAD)

AUD USD, “Australian Dollar vs US Dollar”

The AUD/USD pair is trading at 0.7644; it managed to break the upside border of Ichimoku Cloud and right now is still moving above it, which means that the tendency made a reverse. We should expect the price to test the upside border of the cloud close to 0.7640 and then continue moving upwards above 0.7695. However, this scenario may be cancelled if the price breaks the downside border of the cloud and fixes below 0.7605. In this case, the instrument may continue falling towards 0.7520.

AUDUSD

NZD/USD, “New Zealand Dollar vs US Dollar”

The NZD/USD pair is trading at 0.7235; it is moving below Ichimoku Cloud, which means that it may continue falling. We should expect the price to test Tenkan-Sen and Kijun-Sen at 0.7250 and then continue moving downwards to reach 0.7180. However, the scenario that implies further decline may be cancelled if the price breaks the upside border of the cloud and fixes above 0.7275. In this case, the instrument may continue growing towards 0.7350 and higher.

NZDUSD

USD/CAD, “US Dollar vs Canadian Dollar”

The USD/CAD pair is trading at 1.2906; it is still moving below Ichimoku Cloud, which means that it may continue falling. We should expect the price to test the downside border of the cloud at 1.2945 and then continue moving downwards to reach 1.2800. However, this scenario may be cancelled if the price breaks the upside border of the cloud and fixes above 1.3020. In this case, the instrument may continue growing towards 1.3140 and higher.

USDCAD

 

RoboForex Analytical Department



To leave a comment you must be or register