AUD/USD

The instrument is trading at 0.6728 inside the Cloud, which suggests a flat. Testing of the upper border of the Cloud near 0.6790 is expected, followed by a decline to 0.6620. Yet another signal of decline may be a bounce off the resistane level. The scenario may no longer be valid in case the upper border of the Cloud is broken and trading closes above 0.6905, which may be followed by further growth above 0.6905. The decline may be confirmed by a brreakaway of the lower border of the Triangle and closing below 0.6720.

AUDUSD

 

NZD/USD

The instrument is trading at 0.6421 below the Ichimoku Cloud which suggests a descending trend. A test of the upper border of the Cloud near 0.6445 is expected, followed by a decline to 0.6305. Yet another signal of decline may be a bounce off the resistance level. The scenario may no longer be valid in case the upper border of the Cloud is broken and trading closes above 0.6510, which may be followed by further growth to 0.6605.

NZDUSD

 

USD/CAD

The instrument is trading at 1.3270 above the Ichimoku Cloud which suggests an ascending trend. Testing of the upper border of the Cloud near 1.3265 is expected, followed by growth to 1.3460. Yet another signal of growth may be a bounce off the support level. The scenario may no longer be valid in case the lower border of the Cloud is broken and trading closes below 1.3210, which may be followed by further decline to 1.3125. The growth may be confirmed by a breakaway of the upper border of the descending channel and closing above 1.3355.

USDCAD

Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

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