RoboForex - Analytics

RoboForex

907.00 5.50/10
77% of positive reviews
Real
How to join the service?

Ichimoku Cloud Analysis 18.08.2017 (AUD/USD, NZD/USD, USD/CAD)

AUD USD, “Australian Dollar vs US Dollar”

The AUD/USD pair is trading at 0.7940; the instrument is still moving inside Ichimoku Cloud, which means that the price is trading sideways. We should expect the price to test the downside border of the cloud at 0.7880 and then continue moving upwards above 0.7910. However, this scenario may be cancelled if the price breaks the downside border of the cloud and fixes below 0.7850. In this case, the pair may continue falling towards 0.7780.

 

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

The NZD/USD pair is trading at 0.7295; the instrument is still moving below Ichimoku Cloud, which means that it may continue falling. We should expect the price to rebound from the downside border of the cloud and then continue moving downwards to reach 0.7205. However, the scenario that implies further decline may be cancelled if the price breaks the upside border of the cloud and fixes above 0.7350. In this case, the pair may continue growing towards 0.7440.

 

USD/CAD, “US Dollar vs Canadian Dollar”

The USD/CAD pair is trading at 1.2657; the instrument is still moving inside Ichimoku Cloud, which means that the price is trading sideways. We should expect the price to test the downside border of the cloud at 1.2640 and then continue moving upwards above 1.2705. However, this scenario may be cancelled if the price breaks the downside border of the cloud and fixes below 1.2620. In this case, the pair may continue falling towards 1.2520.

 

RoboForex Analytical Department

 


To leave a comment you must or Join us


By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree