Article By RoboForex.com
Analysis of Ichimoku indicator on July 12, 2016
GBP USD “Pound to US Dollar”
GBPUSD, ТF Н4. Indicator’s signals: Tenkan – Kijun separates under Kumo as “golden cross” (1), Kumo is declining (2), but has been narrowed significantly, the late Chinkou line is on the chart, price is under the cloud. Support D Tenkan and price’s efforts to fix in the cloud are could be expected.
GBPUSD, ТF Н1. Tenkan – Kijun separated under Kumo as “golden cross” (1), all lines is directed to the up, the cloud is rising (2), the late Chinkou line is above the chart, price is above the lines. For the short term, support of Tenkan and price growth are could be expected.
Gold “Gold”
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XAUUSD H4 TF. Indicator’s signals: Tenkan and Kijun are still under influence of “golden cross” after approach (1), cloud is rising (2), the late Chinkou line is almost on the chart, price is on Kijun. Support D of Tenkan – Chinkou and price growth are could be expected.
Article By RoboForex.com
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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.
