RoboForex - Analytics

RoboForex

904.25 5.25/10
77% of positive reviews
Real
How to join the service?

Ichimoku Cloud Analysis 20.03.2015 (GBP/USD, GOLD)

Analysis for March 20th, 2015

GBP USD, “Great Britain Pound vs US Dollar”

GBP USD, Time Frame H4. Tenkan-Sen and Kijun-Sen intersected again below Kumo Cloud and formed “Dead Cross” (1); Tenkan-Sen is directed downwards. Chinkou Lagging Span is on the chart, Ichimoku Cloud is very narrow and continues going down (2), and the price is below the lines. Short-term forecast: we can expect resistance from Tenkan-Sen, and attempts of the price to stay inside the cloud.



GBP USD, Time Frame H1. Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1). Chinkou Lagging Span is below the chart, Ichimoku Cloud is heading down, and the price is below the lines. Short-term forecast: we can expect resistance from Kijun-Sen, and decline of the price.




XAU USD, “Gold vs US Dollar”

XAU USD, Time Frame H4. Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1). Chinkou Lagging Span is above the chart, Ichimoku Cloud is moving downwards (2), and the price is inside Kumo. Short‑term forecast: we can expect attempts of the price to stay above the cloud.



 
RoboForex Analytical Department

Dear reader!

Without authorization, you can view no more than two reviews per day and no more than 10 per month. To continue reading analytical reviews, register or login to your Live Account.



To leave a comment you must or Join us


By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree