Analysis for June 25th, 2014
GBPUSD, “Great Britain Pound vs US Dollar”
On H4 chart Tenkan and Kijun have closer above Kumo and may cross via «dead cross» (1). Ichimoku cloud is going up (2). Lagging line of Chinkou indicator is located along the chart, price is located below Tenkan-Kijun, above Kume. Kijun can provide resistance and price may try to hold within a cloud.
At H1 Tenkan and Kijun are moving apart via «dead cross» below Kumo (1). Chinkou is on the chart, Ichimoku cloud is going down (2) In short-term perspective we can see resistance from Senkou A and further decline.
XAUUSD, “Gold vs US Dollar”
Tenkan and Kijun are influenced by the «Golden сross» (1). Ichimoku cloud is going up (2). Chinkou is coming closer to the chart, price is in the channel Tenkan-Kijun. In short-term perspective we can expect further decline of price after resistance from Tenkan.
At H1 chart we see that Tenkan and Kijun are moving apart via «dead cross» (1), Ichimoku cloud is going down (2), Chinkou is below the chart. In short-term perspective we can expect resistance from Senkou B and further descending trend.
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