By RoboForex.com
GBPUSD, “Great Britain Pound vs US Dollar”
The currency pair has moved beyond the boundaries of the descending channel. The instrument is moving above the Ichimoku Cloud, suggesting an uptrend. It is possible to see the Cloud’s upper border at 1.2010. Then, growth will occur to 1.2425. The bounce from the upper border will confirm that the channel is growing. A breakaway at the Cloud’s lower boundary can cancel the situation and secure below 1.1905, which could lead to further falls to 1.1810.
XAUUSD, “Gold vs US Dollar”
The Tenkan-Sen line is being pushed by the instrument. An uptrend is evident in gold’s movement above the Ichimoku Cloud. It is possible to test the upper border at 1840. Then, growth will be seen up until 1945. A bounce from the bullish channel’s lower border will confirm the growth. This scenario can be canceled by a breakaway from the Cloud’s lower border and securing below 1810. If this happens, further falls to 1765 will occur.
USDCHF, “US Dollar vs Swiss Franc”
The support level is below the currency pair. The Ichimoku Cloud is being lowered by the currency pair, which suggests that there is a downtrend. Test of the…
