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10.07.2020

EUR/NZD: 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 descending. The instrument is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong. One of the previous minimums of Chikou Span line is expected to be a support level (1.7000). The closest resistance level is the lower border of the cloud (1.7290).

CAD/CHF: 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 is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong. The closest support level is Tenkan-sen line (0.6800). The closest resistance level is Kijun-sen line (0.6934).

AUD/JPY: 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 going to reverse from ascending to descending. The instrument is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong. One of the previous minimums of Chikou Span line is expected to be a support level (73.31). The closest resistance level is Kijun-sen line (74.57).

NZD/USD: technical analysis

On the H4 chart, there is a correction of the upward movement. The instrument is consolidating at the center line of Bollinger Bands; the indicator cloud is narrowed, and a lateral trend is likely to form in the short term. The MACD histogram is in the positive area, its volumes are gradually decreasing; the signal line is horizontal, the buy signal is still relevant. Stochastic is about to cross the oversold zone from above, keeping a signal to open short positions.

USD/CHF: wave analysis

The pair may fall.

On the daily chart, the third wave of the higher level (3) develops, within which the wave 1 of (3) forms. Now, the fifth wave of the lower level v of 1 is developing, within which the wave (iii) of v has formed. If the assumption is correct, after the end of the local correction (iv) of v, the pair will fall to the levels of 0.9170–0.9050. In this scenario, critical stop loss level is 0.9530.

AUD/USD: wave analysis

The pair is in a correction and may grow.

On the 4-hour chart, the first wave of the higher level (1) of C develops, within which a local correction developed as the fourth wave 4 of (1), shaped as a triangle. Now, the formation of the fifth wave 5 of (1) has started, within which the correctional wave ii of 5 is ending. If the assumption is correct, after the end of the correction, the pair will grow to the levels of 0.7200–0.7400. In this scenario, critical stop loss level is 0.6831.

EUR/CHF: 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 descending. The instrument is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong. One of the previous minimums of Chikou Span line is expected to be a support level (1.0600). The closest resistance level is Tenkan-sen line (1.0620).

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 above the price chart, current cloud is ascending. 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 (0.9439). One of the previous maximums of Chikou Span line is expected to be a resistance level (0.9461).

EUR/JPY: Ichimoku clouds

Let's look at the four-hour chart. Tenkan-sen line is above Kijun-sen, the blue line is directed upwards, while the red one remains 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. One of the previous minimums of Chikou Span line is expected to be a support level (120.708). The closest resistance level is Kijun-sen line (121.331).