Analysis for December 7th, 2015

GBP USD, “Great Britain Pound vs US Dollar”

GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1). Ichimoku Cloud is heading up (2); Chinkou Lagging Span is on the chart. Short-term forecast: we can expect support from Kijun-Sen – D Tenkan-Sen, and attempts of the price to stay above the cloud.

GBPUSD

GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1). Ichimoku Cloud is going up (2); Chinkou Lagging Span is below the chart. Short-term forecast: we can expect support from the cloud’s lower border, and growth of the price.

GBPUSD


XAU USD, “Gold vs US Dollar”

XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1). Chinkou Lagging Span is above the chart, Ichimoku Cloud is moving upwards (2), and the price is above the lines. Short‑term forecast: we can expect support from D Kijun-Sen, and growth of the price.

XAUUSD

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