GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD has secured above the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.2570 is expected, followed by a rise to 1.2765. An additional signal confirming the rise will be a rebound from the lower boundary of the bullish channel. The scenario can be cancelled by a breakout of the lower boundary of the Cloud with the price finding a foothold under 1.2320, which will mean a further decline to 1.2210.
XAUUSD, “Gold vs US Dollar”
Gold is testing the support level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 2005 is expected, followed by a rise to 2035. An additional signal confirming the rise will be a rebound from the lower boundary of the bullish channel. The scenario can be cancelled by a breakout of the lower boundary of the Cloud with the price finding a foothold under 2000, which will mean a further decline to 1980.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF is declining within a bearish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower boundary of the Cloud at 0.8835 is expected, followed by a decline to 0.8665. An additional signal confirming the decline will be a rebound from the upper boundary of the bearish channel. The scenario can be cancelled by a breakout of the upper boundary of the Cloud with the price finding a foothold above 0.8975, which will mean further growth to 0.9065.
