The USD/CAD pair, which represents the US Dollar versus the Canadian Dollar, is currently showing signs of a potential uptrend. The indicator signal lines are indicating a rebound, with the instrument rising above the Ichimoku Cloud. It is expected to test the Kijun-Sen line at 1.3805, followed by a possible rise to 1.3930. A confirmation of this upward movement would be a bounce from the lower boundary of the bullish channel. However, if the price breaks below 1.3725 and stays below the Ichimoku Cloud, the scenario could shift to a decline towards 1.3635.
On the other hand, the AUD/USD pair, representing the Australian Dollar versus the US Dollar, is currently undergoing a correction after bouncing off a support level. The instrument is moving below the Ichimoku Cloud, indicating a potential downtrend. It is likely to test the lower boundary of the Cloud at 0.6425, with a possible decline to 0.6295. A confirmation of this downward movement would be a bounce from the upper boundary of the bearish channel. However, a breakout above 0.6475 and above the Ichimoku Cloud could signal further growth towards 0.6565. Conversely, a break below the 0.6385 level could confirm the decline.
Lastly, the USD/CHF pair, representing the US Dollar versus the Swiss Franc, is currently in a declining trend within a Triangle pattern. Despite this, the instrument is above the Ichimoku Cloud, suggesting a potential uptrend. A test of the Kijun-Sen line at 0.9110 is expected, followed by a possible rise to 0.9245. Confirmation of this uptrend would be a bounce from the lower boundary of the Triangle pattern. However, a break below 0.9035 and below the Ichimoku Cloud could lead to a further decline towards 0.8945. Conversely, a breakout above the upper boundary of the Triangle pattern and above the 0.9160 level could confirm further growth.