Article By RoboForex.com
GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1). Ichimoku Cloud is still closed (2), Chinkou Lagging Span is on the chart, and the price is on Tenkan-Sen. Short-term forecast: we can expect resistance from Senkou Span A and support from D Tenkan-Sen – Senkou Span B.
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen ran into one another inside Kumo Cloud, they may intersect and form “Golden Cross” (1). Ichimoku Cloud is closed (2), Chinkou Lagging Span is on the chart, and the price is on Tenkan-Sen and Kijun-Sen. Short-term forecast: we can expect support from Senkou Span B, 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 (1). Ichimoku Cloud is still moving downwards (2), Chinkou Lagging Span is below the chart, and the price is below the cloud. Short‑term forecast: we can expect resistance from D Senkou Span A, and decline of the price.
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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.
