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); Tenkan-Sen is directed downwards. Ichimoku Cloud is heading down (2), Chinkou Lagging Span is close to the chart, and the price is below the lines. Short-term forecast: we can expect decline of the price towards D Senkou Span B.
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1); all lines are directed downwards. Ichimoku Cloud is closed (2), Chinkou Lagging Span is below the chart, and the price is below Kumo. Short-term forecast: we can expect resistance from Senkou Span B, and decline of the price below the cloud.
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); Kijun-Sen is directed to the downside. Ichimoku Cloud is moving downwards (2), 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 decline of the price towards D Senkou Span A.
RoboForex Analytical Department