Ichimoku Cloud Analysis: GBP/USD, Gold

RoboForex Team RoboForex

GBPUSD, "Great Britain Pound vs US Dollar"

GBPUSD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by "Dead Cross" (1); Tenkan-Sen is directed upwards. Ichimoku Cloud is heading down (2), Chinkou Lagging Span is below the chart, and the price is on Tenkan-Sen. Short-term forecast: we can expect growth of the price towards Kijun-Sen – D Kijun-Sen and then decline towards D Senkou Span A.

GBPUSD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are intersecting inside Kumo Cloud and forming "Golden Cross" (1). Ichimoku Cloud is closed (2), Chinkou Lagging Span is above the chart, and the price is inside the cloud. Short-term forecast: we can expect resistance from Senkou Span B, and attempts of the price to fix above the cloud.

XAUUSD, "Gold vs US Dollar"

XAUUSD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by "Golden Cross" (1). Ichimoku Cloud is moving upwards (2), Chinkou Lagging Span is above the chart, and the price is above the lines. Short‑term forecast: we can expect support from Kijun-Sen, and attempts of the price to fix above D Kumo.

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RoboForex Team

RoboForex

RoboForex Team is a group of professional financial experts with high experience on financial market, whose main purpose is to provide traders with quality and up-to-date market information.

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