Analysis for June 25th, 2015
GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1). Chinkou Lagging Span is below the chart, Ichimoku Cloud is going up (2) and getting narrower, and the price is inside Kumo. Short-term forecast: we can expect resistance from Tenkan-Sen – D Tenkan-Sen, and decline of the price towards Senkou Span B.
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1) below Kumo Cloud. Chinkou Lagging Span is below the chart; Ichimoku Cloud is heading down (2). Short-term forecast: we can expect resistance from Senkou Span A, and decline of the price.
XAU USD, “Gold vs US Dollar”
XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1). Chinkou Lagging Span is below the chart; Ichimoku Cloud is moving downwards (2). Short‑term forecast: we can expect resistance from Tenkan-Sen, and decline of the price.
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