Ichimoku indicator analysis on 24 February 2016
GBP USD "Pound – dollar"
GBPUSD, Time Frame H4. Indicator signals: Tenkan and Kijun are under the influence of the "Dead Cross" (1) the Cloud goes down and extends (2), the Chinkou lagging is below the chart and is removed from it, the price is below the lines. You can expect resistance of Tenkan and a decline in price.
GBPUSD, Time Frame H1. Indicator signals: Tenkan and Kijun after convergence (1), separated under Kuma with a "dead cross" (1), the cloud goes down (2), the Chinkou lagging is below the chart, the price is at Tenkan. You can expect resistance of Kijun and price decline.
GOLD "Gold"
XAUUSD, Time Frame H4. Indicator signals: Tenkan and Kijun merged above Kumo (1), the Cloud closed (2), the Chinkou lagging is on schedule. You can expect support of Tenkan and price growth.
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