Ichimoku Cloud Analysis: GBP/USD, Gold

GBPUSD, "Great Britain Pound vs US Dollar"

GBPUSD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by "Golden Cross" (1); Tenkan-Sen is directed upwards. Ichimoku Cloud is heading down (2), Chinkou Lagging Span is above the chart, and the price is inside Kumo. Short-term forecast: we can expect support from Tenkan-Sen, and growth of the price.

GBPUSD

GBPUSD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed "Golden Cross" (1) again. Ichimoku Cloud is going up (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 growth of the price.

GBPUSD

 

XAUUSD, "Gold vs US Dollar"

XAUUSD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by "Dead Cross" (1). Ichimoku Cloud is moving downwards (2) and expanding, Chinkou Lagging Span is below the chart, and the price is below the lines. Short‑term forecast: we can expect resistance from D Senkou Span B, and decline of the price.

XAUUSD

Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.