Analysis of the indicator Ishimoku for AUDUSD, NZDUSD, USDCAD

28.10.2019AUDUSDAUDUSD currency pair is traded at the level of 0.6813. The pair is traded inside the Ishimoku Cloud, which suggests a lateral trend. It is expected to test the lower boundary of the indicator clouds near the 0.6805 area, then – the growth to the level of 0.6920. The signal in favor of raising the pair will be a rebound from the lower boundary of the rising canal. Cancellation of the growth will be a break-down of the lower bound of the Ishimoku Cloud with a close at 0.6775, which will indicate a continued decline in the area below 0.6685. The confirmation of the pair rise will be the breakdown of the upper boundary of the indicator cloud and closing above the level of 0.6870.NZDUSDNZDUSD currency pair is traded at the level of 0.6345. The pair is traded inside the Ishimoku Cloud, which suggests a lateral trend. It is expected to test the lower boundary of the indicator cloud near the area 0.6335, then – the growth to the level of 0.6495. The signal in favor of raising the quotes will be a rebound from the lower boundary of the rising channel. Cancellation of the pair’s growth will be a breakthrough of the lower boundary of the indicator cloud and closing at the level of 0.6320, which will indicate the continued decline in the region of 0.6235. The confirmation of the quotes rise will be the breakdown of the upper bound of the channel Cloud and the closing above the level of 0.6415.USDCADUSDCAD currency pair is traded at the level of 1.3076. The pair is traded under the Ishimoku Cloud, which suggests a downward trend. It is expected to test the lower bound of the indicator cloud near the level of 1.3095, then – the fall to 1.2955. An additional signal in favor of reducing the quotes will be a rebound from the upper boundary of the downstream channel. Cancellation of the pair fall will be a breakthrough of the upper boundary of the indicator cloud and a close above the level of 1.3155, which will indicate the continuation of growth to 1.3235.Back to listAttention, everybody!Forecasts of financial markets are the private opinion of their authors. The current analysis does not represent a guide to trading. RoboForex is not responsible for the results of the work that may arise when using trading recommendations from the reviews provided.