Analysis for April 19th, 2016
GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Golden Cross” (1); all lines are directed upwards. Ichimoku Cloud is heading up (2), Chinkou Lagging Span is on the chart, and the price is above the lines. Short-term forecast: we can expect growth of the price.
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Golden Cross” (1); al lines are directed upwards. Ichimoku Cloud is going up (2), Chinkou Lagging Span is above the chart, and the price is above the lines. Short-term forecast: we can expect support from Tenkan-Sen, and growth of the price.
XAU USD, “Gold vs US Dollar”
XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Dead Cross” (1). Ichimoku Cloud is closed, Chinkou Lagging Span is below the chart, and the price is on Kijun-Sen, inside Kumo. Short‑term forecast: we can expect support from D Kijun-Sen, and growth of the price towards D Senkou Span A.
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