Ichimoku Cloud Analysis: GBP/USD, Gold

GBPUSD, "Great Britain Pound vs US Dollar"

GBPUSD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen ran into one another below Kumo Cloud, they may intersect and form "Dead Cross" (1). Ichimoku Cloud is heading down (2), Chinkou Lagging Span is crossing the chart to the downside, and the price is below the lines. Short-term forecast: we can expect resistance from D Senkou Span B, and decline of the price.

GBPUSD

GBPUSD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by "Dead Cross" (1). Ichimoku Cloud is going down (2), Chinkou Lagging Span is above the chart, and the price is below the lines. Short-term forecast: we can expect resistance from Tenkan-Sen, and decline 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); Tenkan-Sen is directed to the downside. 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 Tenkan-Sen, 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.