The EUR/USD pair is currently testing the indicator’s signal lines, with the pair moving above the Ichimoku Cloud, indicating an uptrend. The next target is a test of the Kijun-Sen line at 1.0835, with a potential rise to 1.0975. A confirmation of the upward movement would be a bounce from the lower boundary of the bullish channel. However, if the price breaks below 1.0725, we may see a decline to 1.0635.
The USD/CHF pair is seeing a rebound from resistance levels, moving below the Ichimoku Cloud, signaling a downtrend. The next target is a test of the Cloud’s lower boundary at 0.9070, with a potential decline to 0.8930. A confirmation of the downward movement would be a bounce from the upper boundary of the bearish channel. However, if the price breaks above 0.9130, we may see further growth to 0.9220.
The NZD/USD pair has gained momentum above the Tenkan-Sen line, moving above the Ichimoku Cloud and indicating an uptrend. The next target is a test of the Kijun-Sen line at 0.6075, with a potential rise to 0.6225. A confirmation of the upward movement would be a bounce from the lower boundary of the bullish channel. If the price breaks below 0.5940, we may see a decline to 0.5855.