GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Dead Cross” (1) and D “Dead Cross” (3). Ichimoku Cloud is still heading down (2); Chinkou Lagging Span is below the chart. Short-term forecast: we can expect resistance from Kijun-Sen, and a further decline of the price.
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen ran into one another inside Kumo Cloud (1). Ichimoku Cloud is closed (2); Chinkou Lagging Span is on the chart. Short-term forecast: we can expect decline of the price and attempts to fix above Kumo.
XAU USD, “Gold vs US Dollar”
XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Dead Cross” (1) and D “Dead Cross” (3); all lines are directed downwards. Ichimoku Cloud is moving to the downside (2) and expanding, Chinkou Lagging Span is below the chart, and the price is below D Senkou Span A. Short‑term forecast: we can expect resistance from Tenkan-Sen, and a further decline of the price.
RoboForex Analytical Department