Ichimoku Cloud Analysis 17.11.2022 (USDJPY, NZDUSD, USDCHF)

USDJPY, “US Dollar vs Japanese Yen”

The currency pair is testing the Tenkan-Sen line of the indicator, going under the Ichimoku Cloud, which indicates a downtrend. A test of the Kijun-Sen line is expected at 139.95, followed by falling to 133.26. An additional signal confirming the decline will be a bounce off the upper border of the Triangle pattern. The scenario can be cancelled by a breakaway of the upper border of the Cloud and securing above 144.15, which will indicate further growth to 145.05. The decline can be confirmed by a breakaway of the lower border of the Triangle and securing under 138.05.

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Ichimoku Cloud Analysis 21.11.2022 (NZDUSD, USDJPY, XAUUSD)

NZDUSD, “New Zealand Dollar vs US Dollar”

The pair is correcting in a Triangle pattern. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 0.6075 is expected, followed by growth to 0.6355. An additional signal confirming the growth will be a bounce off the lower border of the bullish channel. The scenario can be cancelled by a breakaway of the lower border of the Cloud and securing under 0.5885, which will mean further falling to 0.5795. The growth will be confirmed by a breakaway of the upper border of the Triangle and securing above 0.6225.

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Forex Technical Analysis & Forecast 23.11.2022

EURUSD, “Euro vs US Dollar”

The currency pair has completed a structure of a correctional wave to 1.0325. Today the quotes may escape the correctional channel and continue falling to 1.0224. Then the pair should grow to 1.0270 and fall to 1.0222, from where the wave may continue to 1.0222. The goal is local.

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Japanese Candlesticks Analysis 25.11.2022 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD, “Gold vs US Dollar”

At the support level, gold has formed a Hammer reversal pattern. Currently, the pair is going by the signal by forming another ascending wave. The goal of the growth may be 1795.00. Upon testing the resistance level, the pair may break through it and continue the uptrend. However, the quotes may pull back to 1740.00 before growing.

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Murrey Math Lines 29.11.2022 (AUDUSD, NZDUSD)

AUDUSD, “Australian Dollar vs US Dollar”

On H4, the quotes are above the 200-day Moving Average, which indicates the prevalence of an uptrend. The RSI has bounced off the support line. The quotes are expected to rise above 7/8 (0.6713) and then reach the resistance level of 8/8 (0.6835). The scenario can be cancelled by a downward breakaway of the support level of 6/8 (0.6591), which might entail a trend reversal and falling to 5/8 (0.6469).

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Ichimoku Cloud Analysis 01.12.2022 (EURUSD, XAUUSD, USDCAD)

EURUSD, “Euro vs US Dollar”

The currency pair is testing the upper border of the Triangle pattern. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.0360 is expected, followed by growth to 1.0765. An additional signal confirming the growth will be a bounce off the lower border of the bullish channel. The scenario can be cancelled by a breakaway of the lower border of the Cloud and securing under 1.0245, which will mean further falling to 1.0155. The growth can be supported by a breakaway of the upper border of the Triangle pattern and securing above 1.0555.

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Ichimoku Cloud Analysis 05.12.2022 (EURUSD, AUDUSD, USDJPY)

EURUSD, “Euro vs US Dollar”

The pair is testing the upper border of the bullish channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.0445 is expected, followed by growth to 1.0935. An additional signal confirming the growth will be a bounce off the lower border of the bullish channel. The scenario can be cancelled by a breakaway of the lower border of the Cloud and securing under 1.0305, which will mean further falling to 1.0205.

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Forex Technical Analysis & Forecast 07.12.2022

EURUSD, “Euro vs US Dollar”

The currency pair completed an impulse of decline to 1.0460. Today a consolidation range is forming around this level. An escape downwards and further decline to 1.0388 is expected. After this level is reached, growth to 1.0460 may begin.

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Japanese Candlesticks Analysis 09.12.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD, “US Dollar vs Canadian Dollar”

On H4, at the support level, the currency pair has formed an Inverted Hammer reversal pattern. The pair may now go by the pattern in an ascending wave. The goal of the growth will be 1.3700; later the price may break through it and extend the uptrend. However, a correction to 1.3545 is not excluded.

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Murrey Math Lines 13.12.2022 (AUDUSD, NZDUSD)

AUDUSD, “Australian Dollar vs US Dollar”

On H4, AUDUSD quotes are above the 200-day Moving Average, which indicates an uptrend. The RSI is testing the support line. The pair is expected to rise above 7/8 (0.6774) and then reach the resistance level of +1/8 (0.6897). The scenario can be cancelled by a downward breakaway of the support level of 6/8 (0.6713). In this case, the pair may go down to 4/8 (0.6591).

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Ichimoku Cloud Analysis 15.12.2022 (EURUSD, BRENT, AUDUSD)

EURUSD, “Euro vs US Dollar”

EURUSD is testing the Tenkan-Sen line. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.0610 is expected, followed by growth to 1.0935. An additional signal confirming the growth will be a bounce off the lower border of the bullish channel. The scenario can be cancelled by a breakaway of the lower border of the Cloud and securing under 1.0395, which will mean further falling to 1.0305.

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Ichimoku Cloud Analysis 19.12.2022 (AUDUSD, EURUSD, NZDUSD)

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD has left the borders of a bullish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Tenkan-Sen line at 0.6715 is expected, followed by falling to 0.6545. An additional signal confirming the decline will be a bounce off the lower border of the bullish channel. The scenario can be cancelled by a breakaway of the upper border of the Cloud and securing above 0.6855, which will mean further growth to 0.6945.

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