GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Golden Cross” (1); al lines are directed to the upside. Ichimoku Cloud is heading up (2) and expanding; Chinkou Lagging Span is above the chart. Short-term forecast: we can expect support from D Senkou Span A, and growth of the price.
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected and formed “Golden Cross” (1); both lines are directed to the upside. Ichimoku Cloud is going up (2), but almost closed; Chinkou Lagging Span is above the chart. Short-term forecast: we can expect support from Tenkan-Sen, and growth of the price.
XAU USD, “Gold vs US Dollar”
XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Golden Cross” (1) and D “Dead Cross” (3). Ichimoku Cloud is moving upwards (2) and expanding, Chinkou Lagging Span is above the chart, and the price is on Tenkan-Sen. Short‑term forecast: we can expect resistance from Tenkan-Sen, and the price to be corrected towards Kijun-Sen.
RoboForex Analytical Department