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08.04.2020

CAD/CHF: Ichimoku clouds

On the daily chart Tenkan-sen line is above Kijun-sen, the blue line is directed downwards, while the red one remains horizontal. Confirmative line Chikou Span is below the price chart, current cloud is descending. The instrument is trading above Tenkan-sen and Kijun-sen lines; the Bullish trend is still strong. The closest support level is Tenkan-sen line (0.6850). The closest resistance level is the upper border of the cloud (0.7000).

AUD/JPY: Ichimoku clouds

On the daily chart Tenkan-sen line is above Kijun-sen, the blue line is directed downwards, while the red one remains horizontal. Confirmative line Chikou Span is below the price chart, current cloud is descending. The instrument is trading above Tenkan-sen and Kijun-sen lines; the Bullish trend is still strong. The closest support level is Tenkan-sen line (66.00). One of the previous maximums of Chikou Span line is expected to be a resistance level (68.00).

07.04.2020

GBP/CAD: Ichimoku clouds

Let's look at the four-hour chart. Tenkan-sen line is below Kijun-sen, the lines are horizontal . Confirmative line Chikou Span is below the price chart, current cloud is ascending. The instrument is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong. Borders of the cloud serve as the closest support (1.7205) and resistance (1.7450) levels

CAD/JPY: Ichimoku clouds

Let's look at the four-hour chart. Tenkan-sen line is above Kijun-sen, the red line is directed upwards, while the blue one remains horizontal. Confirmative line Chikou Span is above the price chart, current cloud is descending. The instrument is trading above Tenkan-sen and Kijun-sen lines; the Bullish trend is still strong. The closest support level is Tenkan-sen line (77.527). One of the previous maximums of Chikou Span line is expected to be a resistance level (78.011).

EUR/NZD: Ichimoku clouds

Let's look at the four-hour chart. Tenkan-sen line is below Kijun-sen, both lines are directed downwards. Confirmative line Chikou Span is below the price chart, current cloud is descending. The instrument has been corrected to the Tenkan-sen line. One of the previous minimums of Chikou Span line is expected to be a support level (1.8093). The closest resistance level is Kijun-sen line (1.8305).

AUD/USD: technical analysis

On the H4 chart, an uptrend is forming. The instrument left the side channel formed by the boundaries of Bollinger Bands, breaking up its upper boundary from below. The indicator cloud is expanding, which indicates the probable preservation of the growth in the short term. MACD histogram is near the zero level, and its volumes are minimal. The signal line is moving horizontally without forming a clear signal to enter the market. Stochastic is in the overbought zone and its lines are directed horizontally.

GBP/USD: wave analysis

The probability of the pair reducing remains.

On the 4-hour chart, the development of the third wave of the higher level (3) of V continues. At the moment, a downward impulse has been formed as the third wave of the lower level 3 of (3) and the development of local correction as the wave 4 of (3), which reached the Fibonacci level of 62%, and the wave 5 of (3) begins forming. If the assumption is correct, the pair may continue to fall to the levels of 1.1177–1.0687. The level of 1.2500 is critical and stop-loss for this scenario.

EUR/USD: wave analysis

The pair may grow.

On the H4 chart, the development of the downward correction of the higher level continues, as part of which the third wave 3 is forming. At the moment, the first wave of the lower level i of 3 is formed and the development of the upward correction continues as the second wave ii of 3, in which the formation of wave (b) of ii has completed. If this assumption is correct, it is logical to expect the pair to grow within wave (c) of ii to the levels of 1.1170–1.1241. The level of 1.0632 is critical and stop-loss for this scenario.

EUR/JPY: Ichimoku clouds

Let's look at the four-hour chart. Tenkan-sen and Kijun-sen lines have merged, the lines are horizontal . Confirmative line Chikou Span is below the price chart, current cloud is descending. The instrument has broken through Tenkan-sen and Kijun-sen lines. One of the previous minimums of Chikou Span line is expected to be a support level (116.50). The closest resistance level is the upper border of the cloud (118.20).

AUD/CAD: Ichimoku clouds

Let's look at the four-hour chart. Tenkan-sen line is above Kijun-sen, the lines are horizontal . Confirmative line Chikou Span is below the price chart, current cloud is ascending. The instrument has entered the cloud. The closest support level is the lower border of the cloud (0.8524). The closest resistance level is the lower border of the cloud (0.8667).