AUDUSD
The instrument is trading at 0.6940 below the Cloud, which suggests a descending trend. Testing of the lower border of the Cloud near 0.6955 is expected, followed by a decline to 0.6885. Yet another signal of decline may be a bounce off the upper border of the descending channel. The scenario may no longer be valid in case the upper border of the Cloud is broken and trading closes above 0.6985, which may be followed by further growth above 0.7055.
NZDUSD
The instrument is trading at 0.6654 below the Ichimoku Cloud which suggests a descending trend. A test of the lower border of the Cloud near 0.6665 is expected, followed by a decline to 0.6565. Yet another signal of decline may be a bounce off the lower border of the ascending channel. The scenario may no longer be valid in case the upper border of the Cloud is broken and trading closes above 0.6705, which may be followed by further growth to 0.6800.
USDCAD
The instrument is trading at 1.3161 above the Ichimoku Cloud which suggests an ascending trend. Testing of the upper border of the Cloud near 1.3135 is expected, followed by growth to 1.3230. Yet another signal of growth may be a bounce off the lower border of the ascending channel. The scenario may no longer be valid in case the lower border of the Cloud is broken and trading closes below 1.3120, which may be followed by further decline to 1.3035.
