GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is bouncing off the indicator’s signal lines. The pair is moving above the Ichimoku Cloud, suggesting an uptrend. A test of the Cloud’s upper boundary at 1.2755 is expected, followed by a rise to 1.2915. A rebound from the lower boundary of the bullish channel would be an additional signal confirming the increase. The scenario could be cancelled by a breakout of the Cloud’s lower boundary, with the price securing below 1.2705, indicating a further decline to 1.2615.
XAUUSD, “Gold vs US Dollar”
Gold is testing the resistance area. The instrument is moving inside the Ichimoku Cloud, suggesting a sideways trend. A test of the Kijun-Sen line at 2350 is expected, followed by a rise to 2435. A rebound from the upper boundary of the bearish channel would signal the increase. This scenario could be cancelled by a breakout below the lower boundary of the Cloud, with the price securing below 2325, indicating a further decline to 2295.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF is correcting after rebounding from the indicator’s signal lines. The pair is moving below the Ichimoku Cloud, indicating a downtrend. A test of the Tenkan-Sen line at 0.8925 is expected, followed by a decline to 0.8765. A rebound from the upper boundary of the bearish channel would be an additional signal confirming the decline. The scenario could be cancelled by a breakout of the upper boundary of the Cloud, with the price securing above 0.9055, indicating a further rise to 0.9145.
