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 […]
Technical Analysis & Forecast 12.04.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair continues developing a consolidation range. By now, a decline wave structure has been completed at 1.0700 alongside a correction towards 1.0733 (testing from below). Practically, a trend continuation pattern has formed around 1.0733. With an upward escape from the range, a correction link towards 1.0765 is not […]
Ichimoku Cloud Analysis 11.04.2024 (GBPUSD, USDCAD, USDJPY)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rebounding from the support level. The instrument is going below the Ichimoku Cloud, which suggests a bearish trend. A test of the lower boundary of the Cloud at 1.2585 is expected, followed by a decline to 1.2395. An additional signal confirming the decline will be a […]
Technical Analysis & Forecast 11.04.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair practically finished a correction wave at 1.0884 and started developing a decline wave because of the news. By now, the quotes have finished the wave at 1.0728. A consolidation range is expected to form above this level today. With an escape upwards, a growth link towards 1.0773 […]
Ichimoku Cloud Analysis 10.04.2024 (EURUSD, XAUUSD, AUDUSD)
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from 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 1.0835 is expected, followed by a rise to 1.0980. An additional signal confirming the rise will be a rebound from the […]
Technical Analysis & Forecast 10.04.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a growth wave at 1.0880. Today the market is forming a decline structure aiming 1.0822. Once this level is reached, a correction link targeting 1.0852 (testing from below) is not excluded. Next, a decline by the trend towards 1.0777 is expected, from which level the […]
Technical Analysis & Forecast 09.04.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a growth wave targeting 1.0850. Today the market is forming a consolidation range around this level. A further correction towards 1.0880 is not excluded. Once it is over, a decline wave to 1.0790 might start, and if this level also breaks, the potential for a […]
