GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1); D Tenkan-Sen and D Kijun-Sen are influenced by D “Golden Cross” (3). Ichimoku Cloud is heading down (2); Chinkou Lagging Span is on the chart. Short-term forecast: we can expect resistance from Kijun-Sen, and decline of the price towards D Kijun-Sen.
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are getting closer to each other inside Kumo Cloud, but are still influenced by “Golden Cross” (1). Ichimoku Cloud is going up (2); Chinkou Lagging Span is above the chart. Short-term forecast: we can expect support from Kijun-Sen, and attempts of the price to fix above the cloud.
XAU USD, “Gold vs US Dollar”
XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1); D Tenkan-Sen and D Kijun-Sen are influenced by D “Golden Cross” (3). Ichimoku Cloud is closed (2); Chinkou Lagging Span is on the chart. Short‑term forecast: we can expect resistance from Kijun-Sen, and decline of the price towards support from M Tenkan-Sen.
RoboForex Analytical Department