Article By RoboForex.com
Analysis for January 8th, 2014
GBP/USD
GBPUSD, Time Frame H4. Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1). Ichimoku Cloud is going down (2); the price is on Tenkan-Sen, inside Kumo Cloud. Short‑term forecast: we can expect support from Tenkan-Sen – Senkou Span B, and resistance from Kijun-Sen – D Tenkan-Sen.
GBPUSD, Time Frame H1. Tenkan-Sen and Kijun-Sen intersected and formed “Dead Cross” (1). Ichimoku Cloud is going up (2), and the price is above the lines. Short‑term forecast: we can expect support from Tenkan-Sen – Senkou Span B, and growth of the price.
GOLD
XAUUSD, Time Frame H4. Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1); Kijun-Sen and Senkou Span A are directed upwards. Ichimoku Cloud is going up (2). Short-term forecast: we can expect support from Senkou Span A and growth of the price.
XAUUSD, Time Frame H1. Tenkan-Sen and Kijun-Sen intersected and formed “Dead Cross” (1); Senkou Span B is horizontal, other lines are directed downwards. Ichimoku Cloud is going down (2), and the price is on Tenkan-Sen. Short‑term forecast: we can expect support from H4 Senkou Span B.
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.
