NZD/USD

2022 - 9 - 27

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Image courtesy of "FXStreet"

Ichimoku cloud analysis: EUR/USD, XAU/USD, NZD/USD (FXStreet)

EURUSD is correcting inside the bearish channel. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The m.

Another signal in favour of a further downtrend will be a rebound from the descending channel’s upside border. AUD/USD is on the verge of a test of key weekly support. Solana shows a significant uptick in volume amidst the recent decline. EUR/USD bears move in on a critical area of support. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. However, the bearish scenario may no longer be valid if the price breaks the cloud’s upside border and fixes above 0.6030. However, the bearish scenario may no longer be valid if the price breaks the cloud’s upside border and fixes above 1.0055. Client understands that there are special risks and features that affect prices, exchange rates and investment products. The markets could indicate that the price may test Tenkan-Sen at 0.5765 and then resume moving downwards to reach 0.5485. However, the bearish scenario may no longer be valid if the price breaks the cloud’s upside border and fixes above 1705.00. XAUUSD is rebounding from the bearish channel’s downside border. The markets could indicate that the price may test Tenkan-Sen at 0.9705 and then resume moving downwards to reach 0.9310.

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