XAUUSD, “Gold vs US Dollar”

XAUUSD is trading at 1721.00; the instrument is moving above Ichimoku Cloud, thus indicating a bullish tendency. The markets could indicate that the price may test the cloud’s downside border at 1695.00 and then resume moving upwards to reach 1805.00. 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 1685.00. In this case, the pair may continue falling towards 1625.00..

NZDUSD, “New Zealand Dollar vs US Dollar”

NZDUSD is trading at 0.6066; the instrument is moving above Ichimoku Cloud, thus indicating a bullish tendency. The markets could indicate that the price may test the cloud’s upside border at 0.6005 and then resume moving upwards to reach 0.6275. 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 0.5945. In this case, the pair may continue falling towards 0.5875.

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is trading at 0.6459; the instrument is moving above Ichimoku Cloud, thus indicating a bullish tendency. The markets could indicate that the price may test the cloud’s upside border at 0.6375 and then resume moving upwards to reach 0.6645. 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 0.6295. In this case, the pair may continue falling towards 0.6210.