RoboForex - Analytics

RoboForex

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

Ichimoku Cloud Analysis 02.04.2024 (EURUSD, BRENT, NZDUSD)

EURUSD, “Euro vs US Dollar”

EURUSD has gained a foothold below the signal lines of the indicator. The pair is going below the Ichimoku Cloud, which suggests a bearish trend. A test of the Kijun-Sen line at 1.0735 is expected, followed by a decline to 1.0670. An additional signal confirming the decline could be a rebound from the upper boundary of the bearish channel. The scenario can be cancelled by a breakout of the Cloud’s upper boundary, with the price securing above 1.0815, indicating further growth to 1.0905.

Ichimoku Cloud Analysis 02.04.2024 EURUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

BRENT

Brent is on the rise within a bullish channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Tenkan-Sen line at 87.05 is expected, followed by a rise to 89.70. An additional signal confirming the rise could be a rebound from the lower boundary of the bullish channel. The scenario could be cancelled by a breakout of the lower boundary of the Cloud, with the price gaining a foothold below 84.60, which will signal a further decline to 81.55.

Ichimoku Cloud Analysis 02.04.2024 BRENT
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 has established itself below the support level. The pair is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Cloud’s lower boundary at 0.5975 is expected, followed by a decline to 0.5860. An additional signal confirming the decline might 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 0.6045, indicating a further rise to 0.6135.

Ichimoku Cloud Analysis 02.04.2024 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