By RoboForex.com
GBPUSD, “Great Britain Pound vs US Dollar”
Quotes are moving above the support level and going higher than the Ichimoku Cloud. This suggests an uptrend. The upper border of Cloud will be tested at 1.1935. Growth to 1.2475 is possible. A bounce from the lower border will confirm the growth. A breakaway at the Cloud’s lower boundary and the securing of below 1.1565 can cancel the scenario. This will signal further falls to 1.1475.
USDJPY, “US Dollar vs Japanese Yen”
The pair is about to break the support level and move under the Ichimoku Cloud. This suggests a downtrend. The Kijun-Sen line will be tested at 139.40. After that, the pair will fall to 133.65. The bounce from the upper border will also confirm the channel’s decline. A breakaway at the Cloud’s upper boundary can cancel the situation and secure above 142.55. This will allow for further growth to 143.45.
AUDUSD, “Australian Dollar vs US Dollar”
The Triangle pattern is correcting the pair, moving above Ichimoku Cloud. This suggests an uptrend. At 0.6635, a test of the Cloud’s upper border is expected.
