Article By RoboForex.com
Analysis for December 15th, 2014
GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Tenkan-Sen and Kijun-Sen are still influenced by “Golden Cross” (1); Tenkan-Sen and Senkou Span A are directed upwards. Chinkou Lagging Span is above the chart, Kumo Cloud is going up (2), and the price in on Tenkan-Sen. Short-term forecast: we can expect support from Senkou Span B, and growth of the price.
GBP USD, Time Frame H1. Tenkan-Sen and Kijun-Sen are very close to each other (1) above Kumo Cloud. Chinkou Lagging Span is on the chart, Kumo Cloud is heading up (2), and the price is on Tenkan-Sen and Kijun-Sen. Short-term forecast: we can expect attempts of the price to stay below the cloud.
XAU USD, “Gold vs US Dollar”
XAU USD, Time Frame H4: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1); Tenkan-Sen and Senkou Span A are directed downwards. Chinkou Lagging Span is above the chart, Kumo Cloud is moving upwards (2), and the price is between Tenkan-Sen and Kijun-Sen. Short‑term forecast: we can expect support from Senkou Span A, and growth of the price.
RoboForex Analytical Department
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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.
