GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1); all lines except Senkou Span B are directed upwards. Ichimoku Cloud is heading up (2) and expanding, Chinkou Lagging Span is above the chart, and the price is inside D Kumo. Short-term forecast: we can expect support from Tenkan-Sen – Senkou Span B, and growth of the price towards the upside border of the daily cloud.
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Golden Cross” (1). Ichimoku Cloud is going up (2), Chinkou Lagging Span is above the chart, and the price is on Tenkan-Sen. 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 ate intersecting above Kumo Cloud and forming “Golden Cross” (1); Tenkan-Sen is directed to the upside. Ichimoku Cloud is still moving downwards (2), Chinkou Lagging Span is above the chart, and the price is near Kumo’s downside border. Short‑term forecast: we can expect support from D Senkou Span B, and growth of the price.
RoboForex Analytical Department