GBPUSD, “Great Britain Pound vs US Dollar”
A Triangle pattern is indicating that the currency pair is in correction. The Ichimoku Cloud is indicating a downtrend. At 1.2065, the Cloud will test the lower border. Then it will drop to 1.1805. The Triangle pattern’s upper boundary will also confirm the decline. A bounce off it will provide another signal. A breakaway at the Cloud’s upper border can cancel the situation and secure above 1.2265. This will lead to further growth to 1.2355. This can be confirmed with a breakaway at the lower border and securing below 1.1975.
XAUUSD, “Gold vs US Dollar”
The resistance level is being tested by gold. The Ichimoku Cloud is seen above the instrument. This indicates that there is an uptrend. The Cloud’s lower boundary will be tested at 1805. Growth to 1860 is possible. A bounce from the bullish channel’s lower border will confirm the growth. A breakaway at the Cloud’s lower boundary and secure under 1790 can cancel the scenario, which would mean further fall to 1755.
NZDUSD, “New Zealand Dollar vs US Dollar”
The currency pair is falling…