Article By RoboForex.com
GBP/USD
GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen are close to each other below Kumo Cloud (1); Tenkan-Sen is directed upwards, other are horizontal. Ichimoku Cloud is closed (2), Chinkou Lagging Span is on the chart, and the price is on Senkou Span B. Short‑term forecast: we can expect support from cloud’s upper border.
GBPUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen are close to each other above Kumo Cloud (1); Kijun-Sen and Senkou Span A are directed upwards, other lines are horizontal. Ichimoku Cloud is going up; Chinkou Lagging Span is above the chart, and the price is above the lines. Short‑term forecast: we can expect support from Tenkan-Sen – Kijun-Sen and growth of the price.
XAUUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1); all lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is on the chart, and the price is inside Tenkan-Sen – Kijun-Sen channel. Short‑term forecast: we can expect support from Tenkan-Sen and growth of the price up to cloud’s lower border.
XAUUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen are close to each other and influenced by “Golden Cross” (1); all lines are horizontal. Ichimoku Cloud is going up (2), Chinkou Lagging Span is above the chart, and the price is above Tenkan-Sen. Short‑term forecast: we can expect support from Kijun-Sen and growth of the price.
RoboForex Analytical Department
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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.
Article By RoboForex.com