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 "Golden Cross" (1); D Tenkan-Sen and D Kijun-Sen are influenced by D "Golden Cross" (3). Ichimoku Cloud is still heading up (2); Chinkou Lagging Span is above the chart. Short-term forecast: we can expect support from Kijun-Sen, and growth of the price.
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed "Dead Cross" (1); right now, both lines are very close to each other again. Ichimoku Cloud is closing, Chinkou Lagging Span is on the chart, and the price is near the cloud's upside border. Short-term forecast: we can expect attempts of the price to fix inside Kumo, and support from Senkou Span B.
XAUUSD, "Gold vs US Dollar"
XAUUSD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed "Dead Cross" (1), Tenkan-Sen is directed downwards; D Tenkan-Sen and D Kijun-Sen are influenced by D "Golden Cross" (3). Ichimoku Cloud is still moving upwards (2), Chinkou Lagging Span is on the chart, and the price is above Kumo. Short‑term forecast: we can expect support from D Tenkan-Sen, resistance from Kijun‑Sen, and attempts of the price to fix inside the cloud.
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