Analysis for February 6th, 2014

GBP USD, “Great Britain Pound vs US Dollar”

GBP USD, Time Frame H4. Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1). Ichimoku Cloud is going down (2), Chinkou Lagging Span is below the chart, and the price is inside Tenkan-Sen – Kijun-Sen channel. Short‑term forecast: we can expect support from Tenkan-Sen, resistance from Kijun-Sen, and decline of the price.

GBPUSD

GBP USD, Time Frame H1. Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1); Kijun-Sen and Senkou Span A are directed downwards. Ichimoku Cloud is going up (2). Short‑term forecast: we can expect resistance from Senkou Span B, and decline of the price.

GBPUSD


XAU USD, “Gold vs US Dollar”

XAU USD, Time Frame H4. 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 support from Kijun-Sen – Senkou Span B, and growth of the price.

Gold

XAU USD, Time Frame H1. Tenkan-Sen and Kijun-Sen intersected and formed “Dead Cross” (1). Ichimoku Cloud is going down (2), Chinkou Lagging Span is above the chart, and the price is inside Tenkan-Sen – Kijun-Sen channel. Short‑term forecast: we can expect support from Tenkan-Sen – Senkou Spans A and B, and growth of the price.

Gold

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