RoboForex - Analytics

RoboForex

863.75 5.25/10
80% of positive reviews
Real
How to join the service?

Ichimoku Cloud Analysis 02.06.2022 (XAUUSD, XAUJPY, BRENT)

XAUUSD, “Gold vs US Dollar”

XAUUSD is no longer moving inside the cloud. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s downside border at 1840.00 and then resume moving upwards to reach 1905.00. Another signal in favour of a 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 1820.00. In this case, the pair may continue falling towards 1780.00. To confirm a further uptrend, the price must break the descending channel’s upside border and fix above 1855.00.

Ichimoku Cloud Analysis 02.06.2022 GOLD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDJPY, “US Dollar vs Japanese Yen”

USDJPY is growing within the bullish channel. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen at 129.20 and then resume moving upwards to reach 132.05. Another signal in favour of a 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 126.55. In this case, the pair may continue falling towards 125.65.

Ichimoku Cloud Analysis 02.06.2022 USDJPY
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

BRENT

Brent is rebounding from the bullish channel’s upside border. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 113.70 and then resume moving upwards to reach 125.65. Another signal in favour of a 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 108.65. In this case, the pair may continue falling towards 103.05. To confirm a further uptrend, the price must break the descending channel’s upside border and fix above 118.05.

Ichimoku Cloud Analysis 02.06.2022 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