Ichimoku indicator analysis on 25 February 2016
GBP USD "Pound – dollar"
GBP USD, Time Frame H4. Indicator signals: Tenkan and Kijun are under the influence of the "Dead Cross" (1), Tenkan is pointing down, the Cloud lowered and extended (2), the Chinkou lagging line is below the chart, the price is below the lines. You can expect resistance of Tenkan and price decline.
GBP USD, Time Frame H1. Indicator signals: Tenkan and Kijun again went under Kumo with a "Golden Cross" (1), the cloud goes down (2), the Chinkou lagging is on the chart, the price is at Tenkan - Kijun. You can expect resistance at Sinkou A and price decline.
GOLD "Gold"
XAUUSD, Time Frame H4. Indicator signals: Tenkan and Kijun broke apart on the upper border of Kumo (1) with a "golden cross", Kumo increased (2), the Chinkou lagging is on schedule. You can expect support of intra-day Tenkan and the top of the Cloud, then price rise.
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