Article By RoboForex.com
Analysis for February 10th, 2014
GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Tenkan-Sen and Kijun-Sen are forming “Golden Cross” (1) below Kumo Cloud; Tenkan-Sen and Senkou Span A are directed upwards. Ichimoku Cloud is going down (2), Chinkou Lagging Span is on the chart. Short‑term forecast: we can expect growth of the price up to D Senkou Span A.
GBP USD, Time Frame H1. Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1). Ichimoku Cloud is going up (2), Chinkou Lagging Span is far above the chart. Short‑term forecast: we can expect support from Tenkan-Sen, and growth of the price.
XAU USD, “Gold vs US Dollar”
XAU USD, Time Frame H4. Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1). Ichimoku Cloud is going up (2); Chinkou Lagging Span is above the chart. Short-term forecast: we can expect support from Tenkan-Sen, and growth of the price up to D Senkou Span B.
XAU USD, Time Frame H1. Tenkan-Sen and Kijun-Sen are close to each other above Kumo Cloud (1). 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 – Kijun-Sen – Senkou Spans A and 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.
