Analysis of Ishimoku indicators for LTCUSD, BRENT, USDRUB on 12.02.2021

Analysis of Ishimoku indicators for LTCUSD, BRENT, USDRUB on 12.02.2021

12.02.2021

LTCUSD

Litecoin cryptocurrency is listed at 180,68. Assets trade above the Ishimoku Cloud, which indicates an upward trend. The indicator signal line test is expected at 176.75, followed by an increase to 214.50. An additional signal in favor of the increase in quotations will be the reflection from the lower limit of the Triangle model. Abandoning the option with price increases will split the lower end of the indicator cloud with its consolidation below 135.55, which means a continuation of the decline of 125.05. Confirmation of the increase in quotations will be the division of the upper limit of the “Triangle” model with their consolidation above the level of 195.05.

101.000 BRENT

101.000 Oil is traded at 60.39. The instrument trades above Ishimok Cloud, which indicates an upward trend. The upper limit test of cloud indicators is expected at 58.05, followed by an increase to 63.15. An additional signal in favor of the increase in quotations will be the reflection from the lower end of the channel upwards. Opting out of the option with price increases will be a breakdown of the lower limit of the Ishimoku Cloud with a close of 57.05, which means a continuation of the decline to 56.35.

101 000 USDRUB

USDRUB the currency pair is trading at 73.55. The pair trades under Ishimoku Cloud, suggesting a downward trend. The indicator signal line test is expected at 74.05, followed by a drop to 71.95. An additional signal in favour of the reduction in quotations will be the rebound from the upper end of the relegation channel. Cancelling options with falling prices will split the upper end of the indicator cloud with a set above 75.75, which means a continuation of the increase to 76.65. The fall in the quotations will be confirmed by the division of the support area with their consolidation below the level of 72,75, from which the price was previously pushed three times.

Ind.) 101,000 Financial Market Forecasts are private opinions of the authors. The current analysis is not a guide to trade. RoboForex is not responsible for the results of the work that may occur when using the trading recommendations of the presented reviews.