Ichimoku Cloud Analysis 13.06.2017 (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). Ichimoku Cloud is heading down (2), Chinkou Lagging Span is below the chart, and the price is on Tenkan-Sen. Short-term forecast: we can expect resistance from Kijun-Sen, and decline of the price up to the daily cloud’s downside border.

GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen ran into one another below Kumo Cloud, they may intersect and form “Golden Cross” (1). Ichimoku Cloud is going down (2), Chinkou Lagging Span is on the chart, and the price is below Kumo. Short-term forecast: we can expect resistance from Senkou Span A, support from Tenkan-Sen, and attempts of the price to fix inside the cloud.

XAU USD, “Gold vs US Dollar”

XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1); Tenkan-Sen is directed to the downside. Ichimoku Cloud is moving downwards (2), Chinkou Lagging Span is below the chart, and the price is below the cloud. Short‑term forecast: we can expect resistance from Tenkan-Sen, and decline of the price towards D Kijun-Sen.

RoboForex Analytical Department