Analysis for August 26th, 2015

GBP USD, “Great Britain Pound vs US Dollar”

GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Golden Cross” (1); but Tenkan-Sen and Senkou Span A are directed downwards. Chinkou Lagging Span is on the chart; Ichimoku Cloud is going up. Short-term forecast: we can expect decline of the price towards support from D Kijun-Sen.

GBPUSD

GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1); all lines are directed downwards. Ichimoku Cloud is heading down (2); Chinkou Lagging Span is below the chart. Short-term forecast: we can expect decline of the price, and then resistance from Tenkan-Sen.

GBPUSD


XAU USD, “Gold vs US Dollar”

XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are very close to each other above Kumo Cloud (1). Chinkou Lagging Span is close to the chart, Ichimoku Cloud is still moving upwards (2). Short‑term forecast: we can expect resistance from D Tenkan-Sen, and decline of the price towards support from D Kijun-Sen.

XAUUSD

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