GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is testing 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 1.2635 is expected, followed by a rise to 1.2885. 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 1.2535, which will mean a further decline to 1.2445.
XAUUSD, “Gold vs US Dollar”
Gold has secured above the upper boundary of the bearish channel. The instrument is going inside the Ichimoku Cloud, which suggests a flat. A test of the Kijun-Sen line at 2015 is expected, followed by a rise to 2095. A 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 finding a foothold under 1985, which will mean a further decline to 1935.
BRENT
Brent is testing the resistance level. The instrument is going inside the Ichimoku Cloud, which suggests a flat. A test of the lower boundary of the Cloud at 76.05 is expected, followed by a rise to 80.45. A 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 finding a foothold under 71.45, which will mean a further decline to 65.05. Meanwhile, the growth could be confirmed by a breakout of the upper boundary of the bullish channel with the price finding a foothold above 79.45.
