RoboForex
Ichimoku Cloud Analysis 30.10.2015 (GBP/USD, GOLD)
30.10.2015Analysis for October 30th, 2015
GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1). Ichimoku Cloud is heading down and widening (2), Chinkou Lagging Span is close to the chart, and the price is below Kumo. Short-term forecast: we can expect resistance from D and W Tenkan-Sen, and decline of the price.
GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1). Ichimoku Cloud is going up (2), Chinkou Lagging Span is above the chart, and the price is on Tenkan-Sen. Short-term forecast: we can expect support from Tenkan-Sen.
XAU USD, “Gold vs US Dollar”
XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Dead Cross” (1). Chinkou Lagging Span is below the chart, Ichimoku Cloud is moving downwards (2), and the price is below the lines. Short‑term forecast: we can expect resistance from Tenkan-Sen and support from W Tenkan-Sen.
RoboForex Analytical DepartmentAttention!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.