RoboForex - Analytics

RoboForex

944.75 5.25/10
79% of positive reviews
Real
How to join the service?

Ichimoku Cloud Analysis 27.11.2020 (AUDUSD, GBPUSD, BRENT)

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is trading at 0.7373; 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 0.7340 and then resume moving upwards to reach 0.7505. Another signal in favor of further uptrend will be a rebound from the upside border of an Ascending Triangle pattern. However, the bullish scenario may no longer be valid if the price breaks the cloud’s downside border and fixes below 0.7235. In this case, the pair may continue falling towards 0.7065.

Ichimoku Cloud Analysis 27.11.2020 AUDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD is trading at 1.3367; 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 1.3335 and then resume moving upwards to reach 1.3550. Another signal in favor of further uptrend will be a rebound from the rising channel’s downside border. However, the bullish scenario may no longer be valid if the price breaks the cloud’s downside border and fixes below 1.3195. In this case, the pair may continue falling towards 1.3105. To confirm further growth, the asset must break the resistance area and fix above 1.3510, thus breaking the upside border of the Triangle pattern.

Ichimoku Cloud Analysis 27.11.2020 GBPUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

BRENT

Brent is trading at 47.65; 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 46.05 and then resume moving upwards to reach 51.85. Another signal in favor of further uptrend will be a rebound from the rising channel’s downside border. However, the bullish scenario may no longer be valid if the price breaks the cloud’s downside border and fixes below 43.95. In this case, the pair may continue falling towards 42.95.

Ichimoku Cloud Analysis 27.11.2020 BRENT
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