Analysis for April 27th, 2015
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1). Chinkou Lagging Span is above the chart, Ichimoku Cloud is going up (2), and the price is moving above the lines, above the upper border of D Kumo Cloud. Short-term forecast: we can expect support from D Senkou Span B, and growth of the price.
GBPUSD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are close to each other; they may intersect and form “Dead Cross” (1). Chinkou Lagging Span on the chart; Ichimoku Cloud is heading up (2). Short-term forecast: we can expect attempts of the price to stay inside the cloud.
XAUUSD, “Gold vs US Dollar”
XAUUSD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Dead Cross” (1); all lines except Senkou Span B are directed downwards. Chinkou Lagging Span is below the chart, Ichimoku Cloud is moving downwards (2), and the price is below the lines. Short‑term forecast: we can expect support from D Senkou Span A, and decline of the price.
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