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 still closed (2); Chinkou Lagging Span is below the chart. Short-term forecast: we can expect resistance from Tenkan-Sen – Senkou Span A, and decline of the price.
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are forming “Dead Cross” (1). Ichimoku Cloud is going up (2); Chinkou Lagging Span is close to the chart. Short-term forecast: we can expect resistance from Tenkan-Sen – Senkou Span B, and decline of the price.
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 still influenced by D “Golden Cross” (3). Ichimoku Cloud is moving upwards (2), but started to squeeze, Chinkou Lagging Span is on the chart, and the price is inside the cloud. Short‑term forecast: we can expect resistance from Senkou Span A, and decline of the price towards D Senkou Span A.
RoboForex Analytical Department