Analysis for February 18th, 2014

GBP USD, “Great Britain Pound vs US Dollar”

GBP USD, Time Frame H4. Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1); Tenkan-Sen is directed downwards. Ichimoku Cloud is going up (2), Chinkou Lagging Span is above the chart, and the price is between Tenkan-Sen and Kijun-Sen. Short‑term forecast: we can expect decline of the price towards D and W Tenkan-Sen – D Kijun-Sen.

GBPUSD

GBP USD, Time Frame H1. Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1). Ichimoku Cloud is going down (2); Chinkou Lagging Span is below the chart, and the price is below the lines. Short‑term forecast: we can expect the price to return to the cloud’s broken border.

GBPUSD


XAU USD, “Gold vs US Dollar”

XAU USD, Time Frame H4. Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1). Ichimoku Cloud is going up (2); price is between Tenkan-Sen and Kijun-Sen. Short-term forecast: we can expect support from Kijun-Sen and W Kijun-Sen.

Gold

XAU USD, Time Frame H1. Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1). Ichimoku Cloud is going up; Chinkou Lagging Span is below the chart. Short‑term forecast: we can expect support from Senkou Span A, and decline of the price.

Gold

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