Ichimoku Cloud Analysis 29.12.2023 (EURUSD, XAUUSD, NZDUSD)

<p><strong>By <a href="https://roboforex.com/" target="_blank" rel="noopener"><u>RoboForex.com</u></a></strong></p>
<p><strong>EURUSD, “Euro vs US Dollar” </strong></p>
<p>EURUSD is testing the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.1040 is expected, followed by a rise to 1.1235. An additional signal confirming the rise will be a rebound from the lower boundary of the bullish channel. The scenario can be cancelled by a breakout of the lower boundary of the Cloud with the price finding a foothold under 1.0845, which will mean a further decline to 1.0755.</p>
<p><strong><img decoding="async" src="http://roboforex.com/uploads/roboforecast/roboforex_com/99/2023/Ichimoku/december/29/eurusd.png" alt="EURUSD" /><br />
<img decoding="async" src="http://roboforex.com/bundles/roboforecast/images/risk-warning/en.png" alt="Risk Warning: the result of previous trading operations do not guarantee the same results in the future
" /></strong></p>
<p><strong>XAUUSD, “Gold vs US Dollar” </strong></p>
<p>Gold is rising after a bearish correction. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 2060 is expected, followed by a rise to 2130. An additional signal confirming the rise will be a rebound from the lower boundary of the bullish channel. The scenario can be cancelled by a breakout of the lower boundary of the Cloud with the price finding a foothold under 2015, which will mean a further decline to 1975.</p>
<p><strong><img decoding="async" src="http://roboforex.com/uploads/roboforecast/roboforex_com/99/2023/Ichimoku/december/29/gold.png" alt="XAUUSD" /><br />
<img decoding="async" src="http://roboforex.com/bundles/roboforecast/images/risk-warning/en.png" alt="Risk Warning: the result of previous trading operations do not guarantee the same results in the future
" /></strong></p>
<p><strong>NZDUSD, “New Zealand Dollar vs US Dollar” </strong></p>
<p>NZDUSD is moving within a bullish channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 0.6315 is expected, followed by a rise to 0.6460. An additional signal confirming the rise will be a rebound from the lower boundary of the bullish channel. The scenario can be cancelled by a breakout of the lower boundary of the Cloud with the price finding a foothold under 0.6165, which will mean a further decline to 0.6155.</p>
<p><strong><img decoding="async" src="http://roboforex.com/uploads/roboforecast/roboforex_com/99/2023/Ichimoku/december/29/nzdusd.png" alt="NZDUSD" /><br />
</strong></p>
<p><strong>Article By <a href="https://roboforex.com/" target="_blank" rel="noopener"><u>RoboForex.com</u></a></strong></p>
<p><strong>Attention!</strong><br />
Forecasts presented in this section only reflect the author s 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>