Ichimoku Cloud Analysis 10.12.2020 (EURUSD, USDRUB, USDJPY)

10 декабря 2020 - Fx4News

EURUSD, “Euro vs US Dollar”

The currency pair is trading at 1.2092 under the Ichimoku Cloud, suggesting a downtrend. A test of the signal lines of the indicator at 1.2100 is expected, followed by falling to 1.2015. An additional signal supporting the decline can be a bounce off the upper border of the descending channel. The scenario can be canceled by a breakaway of the upper border of the Cloud and securing above 1.2145, which will entail further growth to 1.2235.

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

USDRUB, “US Dollar vs Russian Ruble”

The currency pair is trading at 73.49 under the Ichimoku Cloud, suggesting a downtrend. A test of the lower border of the Cloud at 74.85 is expected, followed by falling to 71.35. An additional signal supporting the decline can be a bounce off the upper border of the descending channel. The scenario can be canceled by a breakaway of the upper border of the Cloud and securing above 75.25, which will entail further growth to 76.45.

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

USDJPY, “US Dollar vs Japanese Yen”

The currency pair is trading at 104.43 above the Ichimoku Cloud, suggesting an uptrend. A test of the signal lines of the indicator at 104.30 is expected, followed by growth to 105.15. 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 103.90, which will entail further falling to 102.95.

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