Ichimoku Cloud Analysis 09.09.2016 (GBP/USD, GOLD)
09.09.2016
Ichimoku Cloud Analysis, 09.09.2016
GBP USD "Great Britain Pound vs. US Dollar"
GBPUSD, Timeframe H4 Indicator signals: Tenkan-Sen and Kijun-Sen have diverged above the Kumo and formed a "Dead Cross” (1), but Kijun-Sen points downwards, the cloud (2) keeps rising and is widening, the Lagging Chinkou span is on the chart while the price is above the cloud. We can expect a support for daily Tenkan-Sen and Sinkou A and a rise of the price.
GBPUSD, Timeframe H1. Tenkan-Sen and Kijun-Sen has diverged over Kumo and formed a "dead cross» (1), the cloud is declining, the Lagging Chinkou span is under the chart, the price is under the lines. In the near-term we can expect a resistance for Kijun – Sinkou A and declining of the price under the cloud.
GOLD
XAUUSD, Timeframe H4. Indicator signals: the “golden cross” (1) is still in force here, Kumo (2) is rising, the Lagging Chinkou span is above the chart, the price has come back into Tenkan-Kijun channel and into the daily cloud. We can expect a support for Kijun – D Kijun and a rise of the price.
GBP USD "Great Britain Pound vs. US Dollar"
GBPUSD, Timeframe H4 Indicator signals: Tenkan-Sen and Kijun-Sen have diverged above the Kumo and formed a "Dead Cross” (1), but Kijun-Sen points downwards, the cloud (2) keeps rising and is widening, the Lagging Chinkou span is on the chart while the price is above the cloud. We can expect a support for daily Tenkan-Sen and Sinkou A and a rise of the price.
GBPUSD, Timeframe H1. Tenkan-Sen and Kijun-Sen has diverged over Kumo and formed a "dead cross» (1), the cloud is declining, the Lagging Chinkou span is under the chart, the price is under the lines. In the near-term we can expect a resistance for Kijun – Sinkou A and declining of the price under the cloud.
GOLD
XAUUSD, Timeframe H4. Indicator signals: the “golden cross” (1) is still in force here, Kumo (2) is rising, the Lagging Chinkou span is above the chart, the price has come back into Tenkan-Kijun channel and into the daily cloud. We can expect a support for Kijun – D Kijun and a rise of the price.
Attention!
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.