Analysis for November 27th, 2014
GBP USD, “Great Britain Pound vs US Dollar”
GBP USD. Indicator signals: Time Frame D – Tenkan-Sen and Kijun-Sen formed “Golden Cross”. Time Frame H4 – Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross”; all lines are directed upwards. Chinkou Lagging Span is above the chart, Kumo Cloud is going up (2), and the price is on Senkou Span B. Short term forecast: we can expect support from Tenkan-Sen – Kijun-Sen, and growth of the price.
GBP USD, Time Frame H1. Tenkan-Sen and Kijun-Sen formed “Golden Cross” above Kumo Cloud (1). Chinkou Lagging Span is close to the chart, Kumo Cloud is heading up (2), and the price is between Tenkan-Sen and Kijun-Sen. Short term forecast: we can expect support from Senkou Span A, and growth of the price.
XAU USD, “Gold vs US Dollar”
XAU USD, Time Frame H4: Tenkan-Sen and Kijun-Sen are very close to each other above Kumo Cloud (1); they may intersect and form “Dead Cross”. Chinkou Lagging Span is on the chart, and Kumo Cloud is heading up (2). Short-term forecast: we can expect support from D Kijun-Sen, and growth of the price.
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