Ichimoku Cloud Analysis 27.07.2017

AUD/USD

Currently the AUD/USD pair is trading at 0.8038. The pair keeps trading above the Ichimoku cloud, and this suggests a rising tendency and further upward move. A test of the area of Ichimoku's signal lines near 0.7990 is expected. Then the pair may go higher above 0.8145. If the lower edge of Ichimoku cloud is broken and price closes below 0.7860, this will be seen as cancellation of further rise. In this case the pair can decline towards 0.7680.

NZD/USD

The NZD/USD pair is moving at 0.7536. The pair keeps trading above the Ichimoku cloud, and this suggests a rising tendency and further upward move. A test of the area of Ichimoku's signal can be expected. Then the pair may go higher above 0.8145. If the lower edge of Ichimoku cloud is broken and price closes below 0.7340, this will be seen as cancellation of further rise. In this case the pair can decline towards 0.7265.

USD/CAD

The USD/CAD pair is trading at 1.2443. The pair keeps trading below Ichimoku cloud, and this suggests a descending tendency and further rise. A test of the area of Ichimoku's signal lines near 1.2505 can be expected. Then the pair may go lower towards 1.2330. If the upper edge of Ichimoku cloud is broken and price closes above 1.2650, this will be seen as cancellation of further falling. In this case the pair can rise above 1.2770.