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GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen ran into one another below Kumo Cloud (1), they may intersect and form “Golden Cross”. Ichimoku Cloud is very narrow, but still heading down (2); Chinkou Lagging Span is on the chart. Short-term forecast: we can expect resistance from Senkou Span A – D Tenkan-Sen, and attempts of the price to fix inside the cloud.
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected below 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 resistance from Tenkan-Sen, support from Senkou Span A, and growth of the price.
XAU USD, “Gold vs US Dollar”
XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen ran into one another below Kumo Cloud, they may intersect and form “Golden Cross” (1). Ichimoku Cloud is still moving to the downside (2) and expanding; Chinkou Lagging Span is close below the chart. Short‑term forecast: we can expect resistance from Tenkan-Sen – Kijun-Sen, and the price to be corrected upwards to reach the cloud’s downside border.
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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.