{"id":173080,"date":"2020-07-02T09:15:57","date_gmt":"2020-07-02T13:15:57","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=173080"},"modified":"2020-07-02T07:55:11","modified_gmt":"2020-07-02T11:55:11","slug":"ichimoku-cloud-analysis-02-07-2020-gbpusd-ltcusd-usdcad","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/07\/ichimoku-cloud-analysis-02-07-2020-gbpusd-ltcusd-usdcad\/","title":{"rendered":"Ichimoku Cloud Analysis 02.07.2020 (GBPUSD, LTCUSD, USDCAD)"},"content":{"rendered":"
July 2, 2020<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

GBPUSD, \u201cGreat Britain Pound vs US Dollar\u201d<\/strong><\/p>\n

GBPUSD is trading at 1.2488; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.2455 and then resume moving upwards to reach 1.2575. Another signal in favor of further uptrend will be a rebound from the rising channel\u2019s downside border. However, the bullish scenario may no longer be valid if the price breaks the cloud\u2019s downside border and fixes below 1.2305. In this case, the pair may continue falling towards 1.2215.<\/p>\n

\"GBPUSD\"
\n\"Risk<\/p>\n

LTCUSD, \u201cLitecoin vs US Dollar\u201d<\/strong><\/p>\n

LTCUSD is trading at 41.29; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud\u2019s downside border at 41.55 and then resume moving downwards to reach 38.65. Another signal in favor of further downtrend will be a rebound from the descending channel\u2019s upside border. However, the bearish scenario may no longer be valid if the price breaks the cloud\u2019s upside border and fixes above 42.45. In this case, the pair may continue growing towards 44.05. To confirm further decline, the asset must break the neckline of a Head & Shoulders reversal pattern and fix below 40.35.<\/p>\n

\"LTCUSD\"
\n\"Risk<\/p>\n

USDCAD, \u201cUS Dollar vs Canadian Dollar\u201d<\/strong><\/p>

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USDCAD is trading at 1.3608; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud\u2019s upside border at 1.3625 and then resume moving downwards to reach 1.3510. Another signal in favor of further downtrend will be a rebound from the descending channel\u2019s upside border. However, the bearish scenario may no longer be valid if the price breaks the cloud\u2019s upside border and fixes above 1.3645. In this case, the pair may continue growing towards 1.3735. To confirm further decline, the asset must break the downside border of a Wedge pattern and fix below 1.3575.<\/p>\n

\"USDCAD\"<\/p>\n

Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Attention!<\/strong>
\nForecasts presented in this section only reflect the author\u2019s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.<\/p>\n","protected":false},"excerpt":{"rendered":"

Article By RoboForex.com GBPUSD, \u201cGreat Britain Pound vs US Dollar\u201d GBPUSD is trading at 1.2488; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.2455 and then resume moving upwards to reach 1.2575. Another signal in favor of further […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-173080","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173080","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=173080"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173080\/revisions"}],"predecessor-version":[{"id":173084,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173080\/revisions\/173084"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=173080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=173080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=173080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}