Analysis for March 25th, 2015
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD, Time Frame H4. Tenkan-Sen and Kijun-Sen are very close to each other inside Kumo Cloud (1). Chinkou Lagging Span is on the chart; Ichimoku Cloud is closed (2). Short-term forecast: we can expect resistance from Tenkan-Sen – Kijun-Sen, and attempts of the price to stay above the cloud.
GBPUSD, Time Frame H1. Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1). Chinkou Lagging Span is below the chart, Ichimoku Cloud is heading down, and the price is between Tenkan-Sen and Kijun-Sen, inside Kumo. Short-term forecast: we can expect resistance from Kijun-Sen.
XAUUSD, “Gold vs US Dollar”
XAUUSD, Time Frame H4. Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1). Chinkou Lagging Span is above the chart, Ichimoku Cloud is moving upwards (2), and the price is on Tenkan-Sen. Short‑term forecast: we can expect support from Kijun-Sen, and growth of the price.
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