Article By RoboForex.com
GBP/USD
GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Golden Cross” (1); Senkou Span B is directed upwards, other lines are horizontal. Ichimoku Cloud is going up (2), Chinkou Lagging Span is above the chart, and the price is above the lines. Short‑term forecast: we can expect support from Tenkan-Sen and price to grow up.
GBPUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Golden Cross” (1); all lines are horizontal. Ichimoku Cloud is going up (2); Chinkou Lagging Span is above the chart, and the price is on Tenkan-Sen. Short‑term forecast: we can expect support from Tenkan-Sen and growth of price.
XAUUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1); Senkou Span B is directed downwards, other 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 Kijun-Sen and attempts of price to stay above Kumo.
XAUUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1), they are very close to each other inside Kumo Cloud again; Tenkan-Sen and Senkou Span A are directed upwards, Kijun-Sen is moving downwards, Senkou Span B is horizontal. Ichimoku Cloud is going up (2), Chinkou Lagging Span is below the chart, and the price is on Senkou Span A. Short‑term forecast: we can expect attempts of price to stay above Kumo.
RoboForex Analytical Department
Article By RoboForex.com
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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.