Analysis for March 30th, 2015
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD, Time Frame H4. Indicator signal: Tenkan-Sen and Kijun-Sen formed “Dead Cross” (1). Chinkou Lagging Span is below the chart, Ichimoku Cloud is going down (2), and the price is on Tenkan-Sen. Short-term forecast: we can expect resistance from Tenkan-Sen, and the continuation of ascending correction.
GBPUSD, Time Frame H1. Indicator signal: Tenkan-Sen and Kijun-Sen formed “Dead Cross” (1); Tenkan-Sen, Senkou Spans A and B are directed downwards. Chinkou Lagging Span is on the chart; Ichimoku Cloud is heading down (2). Short-term forecast: we can expect resistance from Kijun-Sen – Senkou Span A, and decline of the price.
XAUUSD, “Gold vs US Dollar”
XAUUSD, Time Frame H4. Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1). Chinkou Lagging Span is close the chart; Ichimoku Cloud is moving upwards (2). Short‑term forecast: we can expect decline of the price towards the cloud’s upper border.
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