Article By RoboForex.com
Analysis for February 26th, 2014
GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Tenkan-Sen and Kijun-Sen are very close inside Kumo Cloud (1); all lines are horizontal. Ichimoku Cloud is going down (2), and Chinkou Lagging Span is on the chart. Short‑term forecast: we can expect support from Tenkan-Sen – Kijun-Sen, and growth of the price.
GBP USD, Time Frame H1. Tenkan-Sen and Kijun-Sen are very close inside Kumo Cloud (1); all lines are horizontal. Ichimoku Cloud is going up (2), and Chinkou Lagging Span is above the chart. Short‑term forecast: we can expect support from Senkou Span B, and growth of the price.
XAU USD, “Gold vs US Dollar”
XAU USD, Time Frame H4. Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Golden Cross” (1). Ichimoku Cloud is going up (2), and Chinkou Lagging Span is above the chart. Short-term forecast: we can expect support from Tenkan-Sen, and growth of the price.
XAU USD, Time Frame H1. Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Golden Cross” (1); Tenkan-Sen and Senkou Span A are directed upwards. Ichimoku Cloud is going up (2), and Chinkou Lagging Span is above the chart. Short‑term forecast: we can expect support from Tenkan-Sen – Kijun-Sen, and growth 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.
