Ichimoku Cloud Analysis 10.02.2017 (GBP/USD, GOLD)

GBP USD, “Great Britain Pound vs US Dollar”

GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Golden Cross” (1); the liens are still influenced by D “Golden Cross” (3). Ichimoku Cloud is going down (2), Chinkou Lagging Span is on the chart. Short-term forecast: we can expect decline of the price towards support from D Senkou Span B.

GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1). Ichimoku Cloud is heading down (2), Chinkou Lagging Span is below the chart, and the price is on Tenkan-Sen inside Kumo. Short-term forecast: we can expect resistance from Kijun-Sen – Senkou Span B, and decline of the price.

XAU USD, “Gold vs US Dollar”

XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Golden Cross” (1) and D “Golden Cross”; D Tenkan-Sen is directed to the upside. Ichimoku Cloud is moving upwards (2), Chinkou Lagging Span is getting closer to the chart, and the price is on D Tenkan-Sen. Short‑term forecast: we can expect decline of the price, and support from Senkou Span A.

RoboForex Analytical Department