Analysis for May 25th, 2015
GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are close to each other inside Kumo Cloud (1). Chinkou Lagging Span is below the chart; Ichimoku Cloud is going down (2). Short-term forecast: we can expect resistance from Tenkan-Sen – Kijun-Sen, and decline of the price.
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and form “Dead Cross” (1). Chinkou Lagging Span is below the chart; Ichimoku Cloud is heading down (2). Short-term forecast: we can expect growth of the price.
XAU USD, “Gold vs US Dollar”
XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Dead Cross” (1). Chinkou Lagging Span is below the chart, Ichimoku Cloud is moving upwards (2), and the price is inside Kumo. Short‑term forecast: we can expect support from W Tenkan-Sen and resistance from W Senkou Span A.
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