GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen ran into one another below Kumo Cloud (1), they may intersect and form “Golden Cross”. Ichimoku Cloud is very narrow, but still heading down (2); Chinkou Lagging Span is on the chart. Short-term forecast: we can expect resistance from Senkou Span A – D Tenkan-Sen, and attempts of the price to fix inside the cloud.
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1). Ichimoku Cloud is going up (2); Chinkou Lagging Span is above the chart. Short-term forecast: we can expect resistance from Tenkan-Sen, support from Senkou Span A, 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, they may intersect and form “Golden Cross” (1). Ichimoku Cloud is still moving to the downside (2) and expanding; Chinkou Lagging Span is close below the chart. Short‑term forecast: we can expect resistance from Tenkan-Sen – Kijun-Sen, and the price to be corrected upwards to reach the cloud’s downside border.
RoboForex Analytical Department