Article By RoboForex.com
Analysis for February 13th, 2014
GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Tenkan-Sen and Kijun-Sen formed “Golden Cross” (1) below Kumo Cloud; all lines are directed upwards. Ichimoku Cloud is going up (2), Chinkou Lagging Span is far above the chart. Short‑term forecast: we can expect support growth of the price.
GBP USD, Time Frame H1. Tenkan-Sen and Kijun-Sen intersected again above Kumo Cloud and formed “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.
XAU USD, “Gold vs US Dollar”
XAU USD, Time Frame H4. Tenkan-Sen and Kijun-Sen formed “Golden Cross” (1). Ichimoku Cloud is going up (2); price is on Tenkan-Sen. 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 are influenced by “Golden Cross” (1). Ichimoku Cloud is going up (2), Chinkou Lagging Span is below the chart, and the price is below Tenkan-Sen – Kijun-Sen, above Kumo Cloud. Short‑term forecast: we can expect support from Senkou Span A, 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.