Ichimoku Cloud Analysis 26.05.2017 (GBP/USD, GOLD)

26.05.2017

GBP USD "British Pound vs US Dollar"

Ichimoku Cloud Analysis 26.05.2017 (GBP/USD, GOLD)

GBP USD, Time Frame Н4. Tenkan-Sen and Kijun-Sen have diverged with a "dead cross" (1), Ichimoku Cloud is closed (2), the Lagging Chinkou Span is on the chart while price is below the lines. Price can be expected to move even lower.

 

Ichimoku Cloud Analysis 26.05.2017 (GBP/USD, GOLD)

GBP USD, Time Frame Н1. Tenkan-Sen and Kijun-Sen are influenced by the "dead cross" (1), all the Senkou B lines are point downwards, Ichimoku cloud is moving lower (2) and widening, the Lagging Chinkou Span is below the chart, price is below the lines. A resistance from Tenkan can be expected while price can move under the cloud.

 

GOLD

Ichimoku Cloud Analysis 26.05.2017 (GBP/USD, GOLD)

XAU USD, Time Frame Н4. Tenkan-Sen and Kijun-Sen are diverging over the cloud with a "golden cross" (1), all the lines point upward, Kumo is rising (2), the Lagging Chinkou Span is above the chart while price is on Tenkan. Price can be expected to rise to the daily Senkou A.

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.