Ichimoku Cloud Analysis: GBP/USD, Gold
|GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1); D Tenkan-Sen and D Kijun-Sen are influenced by D “Golden Cross” (3). Ichimoku Cloud is closed (2); Chinkou Lagging Span is below the chart. Short-term forecast: we can expect resistance from D Tenkan-Sen – Senkou Span A – D Senkou Span A, and decline of the price.
GBPUSD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are forming “Dead Cross” (1). Ichimoku Cloud is going down (2); Chinkou Lagging Span is on the chart. Short-term forecast: we can expect support from Tenkan-Sen, and growth of the price inside the cloud.
XAUUSD, “Gold vs US Dollar”
XAUUSD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen ran into one another above Kumo Cloud (1), they may intersect and form “Dead Cross”; D Tenkan-Sen and D Kijun-Sen are still influenced by D “Golden Cross” (3). Ichimoku Cloud is moving upwards (2), Chinkou Lagging Span is on the chart, and the price is above the cloud but below Tenkan-Sen and Kijun-Sen. Short‑term forecast: we can expect support from Senkou Span A, and growth of the price.
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