Analysis for July 28th, 2015
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1) so far, they are getting closer inside Kumo Cloud; all lines except Kijun-Sen are directed upwards. Chinkou Lagging Span is above the chart, Ichimoku Cloud is going down (2), and the price is near the cloud’s upper border. Short-term forecast: we can expect support from Senkou Span A and resistance from W Senkou Span A.
GBPUSD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are still 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 growth of the price.
XAUUSD, “Gold vs US Dollar”
XAUUSD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1). Chinkou Lagging Span is below the chart; Ichimoku Cloud is moving downwards (2). Short‑term forecast: we can expect attempts of the price to stay inside the cloud.
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