(RoboForex)
EUR/USD, “Euro vs US Dollar”
EURUSD is pushing off the support level. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Kijun-Sen line at 1.0595 is expected, followed by falling to 1.0385. An additional signal confirming the decline will be a rebound from the lower border of the bullish channel. The scenario can be canceled by a breakaway of the upper border of the Cloud and securing above 1.0655, which will mean further growth to 1.0745.

GBP/USD, “Great Britain Pound vs US Dollar”
GBPUSD is testing the Tenkan-Sen line of the indicator. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Kijun-Sen line at 1.1935 is expected, followed by falling to 1.1575. An additional signal confirming the decline will be a rebound from the upper border of the descending channel. The scenario can be canceled by a breakaway of the upper border of the Cloud and securing above 1.2075, which will mean further growth to 1.2165.

USD/JPY, “US Dollar vs Japanese Yen”
The USDJPY is currently undergoing a correction inside a bullish channel, indicating an upward trend. The instrument is also moving above the Ichimoku Cloud, which is a strong bullish signal. Traders can expect a test of the upper border of the Cloud at 136.05, followed by growth to 140.45.
However, to confirm the uptrend, traders should also look for a rebound from the lower border of the bullish channel as an additional signal. If the price breaks through the lower border of the Cloud and secures under 134.85, this scenario may be canceled, and further falling to 133.95 may occur.
The current USDJPY correction suggests an uptrend, and traders can make informed decisions by monitoring the expected levels and signals. Keep an eye on the bullish channel and Ichimoku Cloud analysis to maximize potential profits.

Read Market Anticipates Friday’s NFP Jobs Report as Fed Remains Data-Dependent