Article By RoboForex.com
Analysis for December 26th, 2013
GBP/USD
GBPUSD, Time Frame H4. Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Golden Cross” (1); all 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 is bullish.
GBPUSD, Time Frame H1. Tenkan-Sen and Kijun-Sen intersected and formed “Golden Cross” (1); all lines are horizontal. Ichimoku Cloud is going up (2). Short‑term forecast: we can expect ascending movement of the price.
GOLD
XAUUSD, Time Frame H4. Tenkan-Sen and Kijun-Sen intersected and formed “Dead Cross”. Kijun-Sen and Senkou Span B are directed downwards. Ichimoku Cloud is going down (2), and price is inside Tenkan-Sen – Kijun-Sen channel. Mid‑term forecast is bearish.
XAUUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected and formed “Golden Cross” (1). Ichimoku Cloud is going up (2), Chinkou Lagging Span is above the chart. Short‑term forecast: we can expect ascending movement of the price up to H4 Senkou Span A.
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.
