Ichimoku Cloud Analysis 01.02.2017 (GBP/USD, GOLD)

GBP USD, “Great Britain Pound vs US Dollar”

GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1) and D “Golden Cross” (3); Tenkan-Sen is directed upwards. Ichimoku Cloud is very narrow, but still going up (2); Chinkou Lagging Span is on the chart. Short-term forecast: we can expect support from Senkou Span A, and growth of the price.

GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1); all lines are directed upwards. Ichimoku Cloud is heading 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, and growth of the price.

XAU USD, “Gold vs US Dollar”

XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected near Kumo’s downside border and formed “Golden Cross” (1); the lines are still influenced by D “Golden Cross”. Ichimoku Cloud is moving upwards (2), Chinkou Lagging Span is above the chart, and the price is near Kumo’s upside border. Short‑term forecast: we can expect support from Senkou Span A, and growth of the price

RoboForex Analytical Department