Ichimoku Cloud Analysis 07.05.2024 (EURUSD, AUDUSD, USDJPY)
EURUSD, “Euro vs US Dollar” EURUSD is testing the signal lines of the indicator. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.0745 is expected, followed by a rise to 1.0875. An additional signal confirming the rise will be a rebound from the lower […]
Technical Analysis & Forecast for May 2024
EURUSD, “Euro vs US Dollar” The EURUSD pair continues to develop the third decline wave, aiming for an estimated target of 1.0505. Another structure of this wave targeting 1.0610 has been completed. Today, a correction could develop towards 1.0760. Once it is complete, the price could decline to 1.0505 (as a minimum). Subsequently, a corrective […]
Ichimoku Cloud Analysis 02.05.2024 (EURUSD, XAUUSD, AUDUSD)
EURUSD, “Euro vs US Dollar” EURUSD has found a foothold above the upper boundary of the descending channel. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Cloud’s lower boundary at 1.0675 is expected, followed by a rise to 1.0805. An additional signal confirming the rise will be […]
Technical Analysis & Forecast 24.04.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair escaped the consolidation range upwards and completed a growth link at 1.0710. Today it might drop to 1.0666 (testing from above). Next, a new correction link towards 1.0733 could follow. Once this correction is over, a new decline wave targeting 1.0585 might begin. This is a local […]
Ichimoku Cloud Analysis 24.04.2024 (EURUSD, XAUUSD, NZDUSD)
EURUSD, “Euro vs US Dollar” EURUSD is rising towards the upper boundary of a Wolfe Wave descending pattern. The pair is going inside the Ichimoku Cloud, which suggests a sideways movement. A test of the Cloud’s upper boundary at 1.0715 is expected, followed by a decline to 1.0580. A rebound from the upper boundary of […]
Technical Analysis & Forecast 23.04.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair is currently in a consolidation phase around 1.0650 without any strong trend. A price rise to 1.0693 is not ruled out, followed by a decline to the local target of 1.0585. After the price reaches this level, a correction to 1.0733 could start, followed by a decline […]
Ichimoku Cloud Analysis 23.04.2024 (GBPUSD, BRENT, USDCAD)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the Kijun-Sen line. The instrument is going below the Ichimoku Cloud, which suggests a bearish trend. A test of the lower boundary of the Cloud at 1.2365 is expected, followed by a decline to 1.2245. An additional signal confirming the decline will be a rebound […]
Technical Analysis & Forecast 22.04.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair continues developing a consolidation range around 1.0650. A growth link targeting 1.0693 is not excluded, after which a decline towards 1.0585 might follow. This is a local target. Once this level is reached, a correction to 1.0733 could begin, followed by a decline to 1.0440. GBPUSD, “Great […]
Ichimoku Cloud Analysis 22.04.2024 (EURUSD, XAUUSD, NZDUSD)
EURUSD, “Euro vs US Dollar” The EURUSD pair is correcting after a rebound from the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of lower boundary of the Cloud at 1.0675 is expected, followed by a decline to 1.0535. An additional signal confirming the […]
Ichimoku Cloud Analysis 19.04.2024 (GBPUSD, BRENT, USDJPY)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has exited the Triangle pattern. The pair is going below the Ichimoku Cloud, which suggests a bearish trend. A test of the Tenkan-Sen line at 1.2425 is expected, followed by a decline to 1.2275. An additional signal confirming the decline will be a rebound from the lower […]
Technical Analysis & Forecast 19.04.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a correction structure towards 1.0689. Today the market has formed a decline wave to 1.0610 and a growth link towards 1.0638 (testing from below). The decline wave is expected to extend to 1.0585. This is a local target. Once this level is reached, a correction […]
Ichimoku Cloud Analysis 18.04.2024 (EURUSD, XAUUSD, NZDUSD)
EURUSD, “Euro vs US Dollar” EURUSD is rising while completing a Wedge pattern. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower boundary of the Cloud at 1.0710 is expected, followed by a decline to 1.0525. An additional signal confirming the decline will be a rebound from […]
Technical Analysis & Forecast 18.04.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a growth structure, reaching 1.0664. Today, the market has formed a consolidation range around this level. A downward breakout will open the potential for a movement to the local target of 1.0585. With an upward breakout, the correction might continue to 1.0733 (testing from below). […]
Technical Analysis & Forecast 17.04.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a decline wave towards 1.0606. Today the market is forming a consolidation range above this level. With a downward escape from the range, the potential for a wave targeting 1.0585 might open. This is a local target. With an upward escape, a correction link towards […]
Ichimoku Cloud Analysis 17.04.2024 (USDCAD, AUDUSD, USDCHF)
USDCAD, “US Dollar vs Canadian Dollar” USDCAD is rebounding from the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.3805 is expected, followed by a rise to 1.3930. An additional signal confirming the rise will be a rebound from […]
Ichimoku Cloud Analysis 16.04.2024 (EURUSD, USDJPY, NZDUSD)
EURUSD, “Euro vs US Dollar” EURUSD is testing the lower boundary of the bearish channel. The pair is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Tenkan-Sen line at 1.0635 is expected, followed by a decline to 1.0510. An additional signal confirming the decline could be a rebound from the […]
Technical Analysis & Forecast 16.04.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a correction wave at 1.0664. After the correction, the market continues developing a decline wave to 1.0585. A wave structure towards 1.0606 has been formed by now. A technical test of 1.0622 is expected today, followed by a decline to 1.0585. This is a local […]
Technical Analysis & Forecast 15.04.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair completed a decline wave, reaching 1.0622. Today, the market is forming a consolidation range above this level. With an upward breakout, a correction phase targeting 1.0678 could follow. Once the correction is over, a new decline wave towards 1.0583 might start. A downward breakout will open the […]
Ichimoku Cloud Analysis 15.04.2024 (GBPUSD, USDCAD, AUDUSD)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is correcting after a rebound from the support level. The instrument is going below the Ichimoku Cloud, which suggests a bearish trend. A test of the Kijun-Sen line at 1.2525 is expected, followed by a decline to 1.2295. An additional signal confirming the decline will be a […]
Ichimoku Cloud Analysis 12.04.2024 (EURUSD, XAUUSD, NZDUSD)
EURUSD, “Euro vs US Dollar” EURUSD has secured under the support level. The instrument is going below the Ichimoku Cloud, revealing a downtrend. A test of the Tenkan-Sen line at 1.0745 is expected, followed by a decline towards 1.0625. The decline could be additionally confirmed by a rebound from the upper boundary of the bearish […]
