Ichimoku Analysis: AUD/USD, NZD/USD, USD/CAD, July 25, 2018

25 июля 2018 - Fx4News

AUD/USD

The AUD/USD is trading at 0.7396 inside the Ichimoku cloud, which means the pair is trading sideways. We expect a test of the lower cloud boundary at 0.7380, and then a rise to 0.7505. This rise may be prevented in case the price breaks out the lower boundary of Ichimoku cloud and closes below 0.7360, which will be a signal for a further fall to 0.7305 and below. The breakout of the support and closing above 0.7450 will confirm the development of an uptrend.

AUDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

NZD/USD

The NZD/USD is trading at 0.6795 above the Ichimoku cloud, which means there's an uptrend forming. We expect a test of the lower cloud boundary at 0.6780, and then a continuous rise to 0.6870. This rise may be prevented in case the price breaks out the lower boundary of Ichimoku cloud and closes below 0.6750, which will be a signal for a further fall to 0.6705. The breakout of the upper boundary of the descending channel and closing above 0.6830 will confirm the development of an uptrend.

NZDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USD/CAD

The USD/CAD is trading at 1.3157 below the Ichimoku cloud, which means there is a downtrend forming. We expect a test of the lower cloud boundary at 1.3165, and then a continuous fall to 1.3030. This fall may be prevented in case price breaks out the upper boundary and closes above 1.3235, which will be a signal for a further rise to 1.3290. The fall will be confirmed once the bottom boundary of the triangle pattern gets broken out and the price closes below 1.3110.

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