Article By RoboForex.com
Analysis for January 9th, 2015
GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Tenkan-Sen and Kijun-Sen are still influenced by “Dead Cross” (1), but Tenkan-Sen is directed upwards. Chinkou Lagging Span is below the chart, Ichimoku Cloud is going down (2), and the price is inside Tenkan-Sen and Kijun-Sen channel. Short-term forecast: we can expect the price to move inside the channel up to Senkou Span A.
GBP USD, Time Frame H1. Tenkan-Sen and Kijun-Sen formed “Golden Cross” (1) below Kumo Cloud; all lines are directed upwards. Chinkou Lagging Span is above the chart, Ichimoku Cloud is heading up (2), and the price is near Kumo’s upper border. Short-term forecast: we can expect attempts of the price to stay above the cloud.
XAU USD, “Gold vs US Dollar”
XAU USD, Time Frame H4: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1). Chinkou Lagging Span is above the chart, Ichimoku Cloud is moving upwards (2), and the price is on Tenkan-Sen. Short‑term forecast: we can expect support from D Kijun-Sen, and growth of the price.
RoboForex Analytical Department
Free Reports:
Get Our Free Metatrader 4 Indicators - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter
Get our Weekly Commitment of Traders Reports - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.
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.
