Home Market Ichimoku Cloud Analysis 13.12.2022 EURUSD, XAUUSD and USDCAD

Ichimoku Cloud Analysis 13.12.2022 EURUSD, XAUUSD and USDCAD

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By RoboForex.com

EURUSD, “Euro vs US Dollar”

The currency pair is testing the signals lines of the Cloud. The Ichimoku Cloud is showing an uptrend as the instrument is moving above it. Expect a test of the Kijun Sen line at 1.0550, followed by growth up to 1.0725. The Triangle pattern’s lower border will provide additional confirmation of growth. This scenario can be canceled by a breakaway from the Cloud’s lower border and securing below 1.0385. If this happens, it will lead to further falls to 1.0295. A breakaway from the Triangle’s upper border and the securing of above 1.0615 will confirm the growth.


Risk Warning: the result of previous trading operations do not guarantee the same results in the future

XAUUSD, “Gold vs US Dollar”

After rebounding from the resistance level, Gold is correcting. The Ichimoku Cloud is visible, suggesting an uptrend. Expect a test of the Cloud’s upper border at 1780, followed by growth up to 1840. The bullish channel will also confirm the growth by bouncing off the lower border. This scenario can be canceled by a breakaway from the Cloud’s lower border and securing below 1760. If this happens, further falls to 1710 will occur.

XAUUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCAD, “US Dollar vs Canadian Dollar”

The support level …. for the currency pair is being pushed to the upside by the currency pair



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