EUR/USD (Euro vs US Dollar):
EUR/USD is currently undergoing a test of the signal lines of the indicator, indicating potential upward momentum. The instrument is ascending above the Ichimoku Cloud, signaling an uptrend. Anticipated moves include a test of the Kijun-Sen line at 1.1040, followed by a projected rise to 1.1235. A validating signal for the upward trajectory would be a rebound from the lower boundary of the bullish channel. However, caution is advised as a breach of the lower boundary of the Cloud, securing a foothold under 1.0845, could nullify this scenario, leading to a potential decline to 1.0755.
XAU/USD (Gold vs US Dollar):
Gold is currently on an upward trajectory following a bearish correction. The instrument is ascending above the Ichimoku Cloud, indicating a prevailing uptrend. Projected moves involve a test of the Kijun-Sen line at 2060, followed by an expected rise to 2130. A further confirmation of the upward trend would be a rebound from the lower boundary of the bullish channel. Conversely, a breakout of the lower boundary of the Cloud, establishing a foothold under 2015, may invalidate this scenario, potentially leading to a decline to 1975.
NZD/USD (New Zealand Dollar vs US Dollar):
NZD/USD is navigating within a bullish channel, ascending above the Ichimoku Cloud and signaling an uptrend. Anticipated moves include a test of the Kijun-Sen line at 0.6315, followed by a projected rise to 0.6460. A supplementary confirmation for the upward movement would be a rebound from the lower boundary of the bullish channel. It’s crucial to monitor for a potential scenario reversal, indicated by a breakout of the lower boundary of the Cloud and the price establishing a foothold under 0.6165, potentially leading to a further decline to 0.6155.
