Ichimoku Cloud Analysis 08.12.2020 (EURUSD, GOLD, AUDUSD)

8 декабря 2020 - Fx4News

EURUSD, “Euro vs US Dollar”

The currency pair is trading at 1.2118 above the Ichimoku Cloud, suggesting an uptrend. A test of the signal lines of the indicator at 1.2075 is expected, followed by growth to 1.2325. An additional signal supporting the growth can be a bounce off the lower border of the ascending channel. The scenario can be canceled by a breakaway of the lower border of the Cloud and securing under 1.1905, which will entail further falling to 1.1810.

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

XAUUSD, “Gold vs US Dollar”

The asset is trading at 1868 above the Ichimoku Cloud, suggesting an uptrend. A test of the signal lines of the indicator at 1845 is expected, followed by growth to 1945. An additional signal supporting the growth can be a bounce off the lower border of the ascending channel. The scenario can be canceled by a breakaway of the lower border of the Cloud and securing under 1785, which will entail further falling to 1745.

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

AUDUSD, “Australian Dollar vs US Dollar”

The asset is trading at 0.7420 above the Ichimoku Cloud, suggesting an uptrend. A test of the upper border of the Cloud at 0.7380 is expected, followed by growth to 0.7525. An additional signal supporting the growth can be a bounce off the support level. The scenario can be canceled by a breakaway of the lower border of the Cloud and securing under 0.7305, which will entail further falling to 0.7205.

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