EURUSD, “Euro vs US Dollar”
EURUSD is testing the Tenkan-Sen line after rebounding from the lower boundary of the bullish channel. The pair is moving below the Ichimoku Cloud, indicating a downtrend. A test of the Cloud’s lower boundary at 1.0825 is expected, followed by a decline to 1.0725. A rebound from the upper boundary of the bearish channel would further confirm the decline. A breakout of the Cloud’s upper boundary could invalidate this scenario, with the price securing above 1.0865, indicating a continuation of the rise to 1.0955.
![EURUSD](/upload/content/medium/eurusd.png)
![Risk Warning: the result of previous trading operations do not guarantee the same results in the future](/upload/content/medium/en.png)
USDCAD, “US Dollar vs Canadian Dollar”
USDCAD is rebounding from the lower boundary of the bullish channel. The pair remains within the Ichimoku Cloud, suggesting a sideways trend. A test of the Cloud’s lower boundary at 1.3660 is expected, followed by a rise to 1.3780. A rebound from the lower boundary of the bullish channel would confirm the upward movement. A breakout of the Cloud’s lower boundary could invalidate this scenario, with the price securing below 1.3635, indicating a further decline to 1.3545. A breakout of the upper boundary of the ”Triangle” model with the price securing above 1.3745 will confirm the rise.
![USDCAD](/upload/content/medium/usdcad.png)
![Risk Warning: the result of previous trading operations do not guarantee the same results in the future](/upload/content/medium/en.png)
NZDUSD, “New Zealand Dollar vs US Dollar”
NZDUSD is correcting within the bullish channel. The pair is moving above the Ichimoku Cloud, suggesting an uptrend. A test of the Cloud’s upper boundary at 0.6115 is expected, followed by a rise to 0.6225. A rebound from the lower boundary of the bullish channel would further confirm the upward trend. A breakout of the Cloud’s lower boundary could invalidate this scenario, with the price securing below 0.6050, indicating a further decline to 0.5960.
![NZDUSD](/upload/content/medium/nzdusd.png)
![Risk Warning: the result of previous trading operations do not guarantee the same results in the future](/upload/content/medium/en.png)