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