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