Analysis of Ichimoku's indicator on July 20, 2016
GBP USD "British Pound to US Dollar"
GBPUSD, TF Н4. Indicator's signals: Tenkan-Kijun is under influence of "dead cross" (1), Kumo rising (2), but is narrow, the late Chinkou line is under the chart, price is on lower border of Kumo. Resistance D Tenkan and price reduction could be expected.
GBPUSD, ТF Н1. Tenkan-Kijun is under influence of "dead cross" (1), cloud descending (2), the late Chinkou line approaches to the chart, price is on Tenkan. For the short term, resistance of lower border of cloud and price reduction could be expected.
GOLD "Gold"
XAUUSD ТF Н4. Indicator's signals: Tenkan and Kijun approached under Kumo, but are under influence of "dead cross" (1), cloud is descending (2), the late Chinkou line released from the chart to the down, price is under lines. Resistance of Tenkan and price reduction to D Kijun could be expected.