RoboForex - Analytics

RoboForex

934.75 5.25/10
79% of positive reviews
Real
How to join the service?

Ichimoku Cloud Analysis 20.02.2020 (AUDUSD, NZDUSD, USDCAD)

AUDUSD, “Australian Dollar vs US Dollar”

The currency pair is trading at 0.6649 under the Ichimoku Cloud, suggesting a downtrend. A test of the signal lines of the indicator near 0.6675 is expected, followed by a decline to 0.6525. An additional signal confirming the decline will be a bounce off the lower border of the Triangle. The falling will be canceled in the case of a breakout of the upper border of the Cloud and closing above 0.6750, which will mean further growth above 0.6805.

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

NZDUSD, “New Zealand Dollar vs US Dollar”

The currency pair is trading at 0.6360 under the Ichimoku Cloud, suggesting a downtrend. A test of the signal lines of the indicator near 0.6375 is expected, followed by a decline to 0.6295. An additional signal confirming the decline will be a bounce off the upper border of the descending channel. The falling will be canceled in the case of a breakout of the upper border of the Cloud and closing above 0.6435, which will mean further growth above 0.6505.

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

USDCAD, “US Dollar vs Canadian Dollar”

The currency pair is trading at 1.3228 under the Ichimoku Cloud, suggesting a downtrend. A test of the lower border of the Cloud near 1.3255 is expected, followed by a decline to 1.3145. An additional signal confirming the decline will be a bounce off the upper border of the descending channel. The falling will be canceled in the case of a breakout of the upper border of the Cloud and closing above 1.3305.

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


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