BTCUSD, “Bitcoin vs US Dollar”

BTCUSD is trading at 6676.00; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s downside border at 6185.00 and then resume moving upwards to reach 8210.00. Another signal to confirm further ascending movement is the price’s rebounding from the rising channel’s downside border. However, the scenario that implies further growth may be canceled if the price breaks the cloud’s downside border and fixes below 5635.00. In this case, the pair may continue falling towards 4965.00.

AUDCAD, “Australian Dollar vs Canadian Dollar”

AUDCAD is trading at 0.8661; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 0.8565 and then resume moving upwards to reach 0.9005. Another signal to confirm further ascending movement is the price’s rebounding from the descending channel’s upside border. However, the scenario that implies further growth may be canceled if the price breaks the cloud’s downside border and fixes below 0.8675. In this case, the pair may continue falling towards 0.8675.

NZDUSD, “New Zealand Dollar vs US Dollar”

NZDUSD is trading at 0.5890; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s downside border at 0.5785 and then resume moving upwards to reach 0.6195. Another signal to confirm further ascending movement is the price’s rebounding from the upside border of a Triangle pattern. However, the scenario that implies further growth may be canceled if the price breaks the cloud’s downside border and fixes below 0.5665. In this case, the pair may continue falling towards 0.5575. After breaking the cloud’s upside border and fixing above 0.5985, the price may resume moving upwards.