Ichimoku Analysis: AUD/USD, NZD/USD, USD/CAD, July 27, 2018

27 июля 2018 - Fx4News

AUD/USD

The AUD/USD is trading at 0.7388 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 0.7450. The rise of the price may be additionally confirmed by the price bouncing off the lower border of the ascending channel. This rise may be prevented in case the price breaks out the lower boundary of Ichimoku cloud and closes below 0.7370, which will be a signal for a further fall to 0.7305 and below. The breakout of the upper boundary of the triangle chart pattern and closing above 0.7460 will be the confirmation of growth.

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 0.6780 above the Ichimoku cloud, which means there is an uptrend forming. We expect a test of the upper cloud boundary at 0.6800, and then a continuous rise to 0.6845. This rise may be prevented in case the price breaks out the lower boundary of Ichimoku cloud and closes below 0.6760, which will be a signal for a further fall to 0.6735 and below. The breakout of the upper boundary of the triangle chart pattern and closing above 0.6855 will be the confirmation of growth.

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 1.3059 below the Ichimoku cloud, which means there is a downtrend forming. We expect a test of the lower signal lines at 1.3080, and then a continuous fall to 1.2960. An additional signal of the fall of the price will be the price bouncing off the upper boundary of the descending channel. This fall may be prevented in case the price breaks out the upper boundary and closes above 1.3160, which will be a signal for a further rise to 1.3305 and above.

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