Analysis for January 28th, 2015
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected and formed “Golden Cross” below Kumo Cloud. Chinkou Lagging Span is above the chart, and Ichimoku Cloud is closed (2). Short-term forecast: we can expect support from Tenkan-Sen – Senkou Span B, and growth of the price towards D Kijun-Sen.
GBPUSD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1). Chinkou Lagging Span is above the chart, Ichimoku Cloud is heading up (2), and the price is above the lines. Short-term forecast: we can expect support from Kijun-Sen – Senkou Span A, and growth of the price.
XAUUSD, “Gold vs US Dollar”
XAUUSD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1). Chinkou Lagging Span is below the chart, and Ichimoku Cloud is moving upwards (2). Short‑term forecast: we can expect support from the cloud’s upper border.
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