GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is trading at 1.2764; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 1.2725 and then resume moving upwards to reach 1.2895. Another signal in favor of further uptrend will be a rebound from the support level. However, the bullish scenario may no longer be valid if the price breaks the cloud’s downside border and fixes below 1.2645. In this case, the pair may continue falling towards 1.2555.
XAUUSD, “Gold vs US Dollar”
XAUUSD is trading at 1717.00; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 1710.00 and then resume moving upwards to reach 1755.00. Another signal in favor of further uptrend will be a rebound from the support level. However, the bullish scenario may no longer be valid if the price breaks the cloud’s downside border and fixes below 1690.00. In this case, the pair may continue falling towards 1645.00. To confirm further growth, the asset must break the descending channel’s upside border and fix above 1730.00.
BTCUSD, “Bitcoin vs US Dollar”
BTCUSD is trading at 9754.00; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 9705.00 and then resume moving upwards to reach 10195.00. Another signal in favor of further uptrend will be a rebound from the support level. However, the bullish scenario may no longer be valid if the price breaks the cloud’s downside border and fixes below 9505.00. In this case, the pair may continue falling towards 8805.00.
