Article By RoboForex.com
GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected and formed “Dead Cross” (1), but the lines are still influenced by D “Golden Cross” (3). Ichimoku Cloud is very narrow, but still going up (2); Chinkou Lagging Span is on the chart. Short-term forecast: we can expect support from D Senkou Span B and resistance from Senkou Span A.
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1). Ichimoku Cloud is heading down (2), Chinkou Lagging Span is below the chart, and the price is below the lines. Short-term forecast: we can expect resistance from Tenkan-Sen, and decline of the price.
XAU USD, “Gold vs US Dollar”
XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are very close to each other, but still influenced by “Dead Cross” (1) and D “Golden Cross” (3). Ichimoku Cloud is very narrow, but continues moving downwards (2), Chinkou Lagging Span is below the chart, and the price is near Kumo’s downside border. Short‑term forecast: we can expect support from Tenkan-Sen and resistance from Kijun-Sen – D Tenkan-Sen.
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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.
