GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are getting closer to each other above Kumo Cloud after forming “Golden Cross” (1); Tenkan-Sen is directed downwards. Ichimoku Cloud is still heading up (2), Chinkou Lagging Span is above the chart, and the price is on Kijun-Sen. Short-term forecast: we can expect support from W Senkou Span A – Kijun-Sen, and a further growth of the price.
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1). Ichimoku Cloud is going down (2), Chinkou Lagging Span is below the chart, and the price is on Tenkan‑Sen. Short-term forecast: we can expect resistance from Senkou Span A, and decline 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 moving downwards, 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 a further decline of the price towards support from W Tenkan-Sen.
RoboForex Analytical Department