Analysis for July 9th, 2014

GBP USD, “Great Britain Pound vs US Dollar”

GBP USD, Time Frame H4. Tenkan-Sen and Kijun-Sen formed “Dead Cross” above Kumo (1). Ichimoku Cloud is going up (2), Chinkou Lagging Span is below the chart, and the price is on Tenkan-Sen, above Kumo. Short‑term forecast: we can expect attempts of the price to stay inside Kumo.

GBPUSD

GBP USD, Time Frame H1. Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1), but right now are moving towards each other again. Ichimoku Cloud is going up (2), Chinkou Lagging Span is on the chart, and the price is near Kumo’s lower border. Short‑term forecast: we can expect resistance from Tenkan-Sen – 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 are influenced by “Dead Cross” (1), but right now are moving towards each other again. Ichimoku Cloud is still closed (2), Chinkou Lagging Span is below the chart, and the price is near Kumo’s upper border. Short-term forecast: we can expect resistance from Senkou Span A, and attempts of the price to stay below Kumo.

Gold

XAU USD, Time Frame H1. Tenkan-Sen and Kijun-Sen formed “Golden Cross” (1). Ichimoku Cloud is going up (2), and Chinkou Lagging Span is above the chart. Short‑term forecast: we can expect support from Senkou Span A.

Gold

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