RoboForex - Analytics

RoboForex

863.75 5.25/10
93% of positive reviews
Real
How to join the service?

Ichimoku Cloud Analysis 25.10.2023 (GBPUSD, USDCAD, NZDUSD)

GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD has secured under the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the upper boundary of the Cloud at 1.2205 is expected, followed by a decline to 1.1985. An additional signal confirming the decline will be a rebound from the lower boundary of the bullish channel. The scenario can be cancelled by a breakout of the upper boundary of the Cloud with the price securing above 1.2250, which will mean further growth to 1.2345. Meanwhile, the decline could be confirmed by a breakout of the lower boundary of the bullish channel with the price securing under 1.2135.

Ichimoku Cloud Analysis 25.10.2023 GBPUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD has left the boundaries of the correction channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper boundary of the Cloud at 1.3715 is expected, followed by a rise to 1.3845. An additional signal confirming the rise will be a rebound from the upper boundary of the bearish channel. The scenario can be cancelled by a breakout of the lower boundary of the Cloud with the price securing under 1.3675, which will mean a further decline to 1.3585.

Ichimoku Cloud Analysis 25.10.2023 USDCAD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

NZDUSD, “New Zealand Dollar vs US Dollar”

NZDUSD is correcting within a Triangle pattern. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower boundary of the Cloud at 0.5855 is expected, followed by a decline to 0.5735. An additional signal confirming the decline will be a rebound from the upper boundary of the Triangle pattern. The scenario can be cancelled by a breakout of the upper boundary of the Cloud with the price securing above 0.5955, which will mean further growth to 0.6045. Meanwhile, the decline could be confirmed by a breakout of the lower boundary of the Triangle pattern with the price securing under 0.5805.

Ichimoku Cloud Analysis 25.10.2023 NZDUSD
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