Analysis for June 6th, 2014

GBP USD, “Great Britain Pound vs US Dollar”

GBP USD, Time Frame H4. Tenkan-Sen and Kijun-Sen are forming “Golden Cross” below Kumo (1). Ichimoku Cloud is going down, Chinkou Lagging Span is above the chart, and the price is on Senkou Span B. Short‑term forecast: we can expect support from Senkou Span B, and growth of the price.

GBPUSD

GBP USD, Time Frame H1. Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1). Ichimoku Cloud is going up, and Chinkou Lagging Span is above the chart. Short‑term forecast: we can expect support from Tenkan-Sen, and growth of the price.

GBPUSD


XAU USD, “Gold vs US Dollar”

XAU USD, Time Frame H4. Tenkan-Sen and Kijun-Sen are close to each other below Kumo (1). Ichimoku Cloud is going down (2), and Chinkou Lagging Span is on the chart. Short-term forecast: we can expect attempts of the price to stay inside Kumo.

XAUUSD

XAU USD, Time Frame H1. Tenkan-Sen and Kijun-Sen formed “Golden Cross” (1). Ichimoku Cloud is going up, Chinkou Lagging Span is close to the chart. Short‑term forecast: we can expect support from Senkou Span A, and growth of the price.

XAUUSD

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