Ishimoku index analysis for BTCUSD, USDRUB, USDJPY at 22.01.2021

22.01.2021 BTCUSD Bitcoin cryptocurrency is listed at 31781. The assets are traded under Ishimoku Cloud, which indicates a downward trend. It is expected to test the indicator signal lines at 33805, and then – decrease to 26355. An additional signal in favour of the reduction in quotations will be the rebound from the upper end of the relegation channel. Canceling options with falling prices will split the upper end of the indicator cloud with its consolidation above 37590, which means a further increase to 41105. USDRUB USDRUB the currency pair is trading at 73.89. The pair trades under Ishimoku Cloud, suggesting a downward trend. The lower bound test of cloud indicators is expected at 73.95, followed by a drop to 71.35. An additional signal in favor of lowering the quotations will be a reflection from the upper limit of the Triangle model. Abandoning the option with falling prices will split the upper end of the indicator cloud with its consolidation above 74.45, which means a continuation of the increase to 75.55. Confirmation of the reduction in quotations will be the division of the lower limit of the “Triangle” model with their consolidation below the level of 72.65. USDJPY USDJPY currency pair is traded at 103.58. The pair is traded inside Ishimoku Cloud, suggesting a sideways trend. The lower bound test was expected cloud indicator at 103.55, then – an increase to 104.65. The rebound from the level of support will be a signal in favour of an increase in quotations. Opting out of the price increase option will split the lower end of the indicator cloud with its consolidation below 103.20, which means a continuation of the 102.35 decline. The increase in quotations will be confirmed by the division of the upper end of the downward channel with their consolidation above the level of 103.95. 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.

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