Analysis for February 11th, 2014
GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Tenkan-Sen and Kijun-Sen are forming “Golden Cross” (1) below Kumo Cloud; Tenkan-Sen is directed upwards. Ichimoku Cloud is narrow (2), Chinkou Lagging Span is above the chart. Short‑term forecast: we can expect growth of the price up to D Senkou Span A.
GBP USD, Time Frame H1. Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Golden Cross” (1); right now, they are very close to each other again. Ichimoku Cloud is going up (2), Chinkou Lagging Span is on the chart. Short‑term forecast: we can expect support from Senkou Span A, and growth of the price.
XAU USD, “Gold vs US Dollar”
XAU USD, Time Frame H4. Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1). Ichimoku Cloud is going up (2); Chinkou Lagging Span is above the chart. Short-term forecast: we can expect support from D Senkou Span B.
XAU USD, Time Frame H1. Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1). 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.
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