Ichimoku Cloud Analysis 14.12.2015 (GBP/USD, GOLD)
14.12.2015
Analysis for December 14th, 2015
GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Golden Cross” (1). Ichimoku Cloud is heading up (2); Chinkou Lagging Span is above the chart. Short-term forecast: we can expect support from D Kijun-Sen, and growth of the price towards D Senkou Span A.
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1); Tenkan-Sen is directed downwards. Ichimoku Cloud is closed (2); Chinkou Lagging Span is on the chart. Short-term forecast: we can expect resistance from Kijun-Sen, and attempts of the price to stay below the cloud.
XAU USD, “Gold vs US Dollar”
XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected and formed “Dead Cross” (1). Chinkou Lagging Span is below the chart; Ichimoku Cloud is moving upwards (2). Short‑term forecast: we can expect resistance from D Tenkan-Sen, and decline of the price.
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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.