Analysis of Ichimoku Indicator for GBP/USD and GOLD on 15.09.2016
15.09.2016
Analysis of Ichimoku Indicator on September 15, 2016
GBP/USD "Pound vs US Dollar"
GBP/USD, TF H4. The price has bounced from lower Cloud boundary, chanel D Tenkan and D Kijun has started shrinking, however, there is still "dead cross" influence can be felt (1), the Cloud has changed direction and now it gets lower (2), while daily Cloud has started to raise, the Chinkou is still under the chart. We can expect D Kijun support, Kijun resistance, and price descending in daily Kumo.
GBP/USD, TF H1. Tenkan and Kijun lines have split into "gold cross" (1), the price is on Kijun - Senkou A and there is a chance to see it in the Cloud, descending Kumo has been closed (2), the Chinkou line is still on the chart. In the short term we might see Senkou A support and uptick towards Senkou B.
GOLD "Gold"
XAU/USD TF H4. The price has been back into Tenkan and now it is moving to daily Cloud lower boundary, D Tenkan and D Kijun are still under influence of "gold cross" (3), however, on the current chart we still see "dead cross" influence (1), the Kumo has started descending (2), the Chinkou line is moving further from the chart. It is possible that we would see the price moving towards D Senkou B.
GBP/USD "Pound vs US Dollar"
GBP/USD, TF H4. The price has bounced from lower Cloud boundary, chanel D Tenkan and D Kijun has started shrinking, however, there is still "dead cross" influence can be felt (1), the Cloud has changed direction and now it gets lower (2), while daily Cloud has started to raise, the Chinkou is still under the chart. We can expect D Kijun support, Kijun resistance, and price descending in daily Kumo.
GBP/USD, TF H1. Tenkan and Kijun lines have split into "gold cross" (1), the price is on Kijun - Senkou A and there is a chance to see it in the Cloud, descending Kumo has been closed (2), the Chinkou line is still on the chart. In the short term we might see Senkou A support and uptick towards Senkou B.
GOLD "Gold"
XAU/USD TF H4. The price has been back into Tenkan and now it is moving to daily Cloud lower boundary, D Tenkan and D Kijun are still under influence of "gold cross" (3), however, on the current chart we still see "dead cross" influence (1), the Kumo has started descending (2), the Chinkou line is moving further from the chart. It is possible that we would see the price moving towards D Senkou B.
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.