RoboForex - Analytics

RoboForex

906.75 5.25/10
77% of positive reviews
Real
How to join the service?

Ichimoku Cloud Analysis 19.05.2015 (GBP/USD, GOLD)

Analysis for May 19th, 2015

GBP USD, “Great Britain Pound vs US Dollar”

GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are intersecting above Kumo Cloud and forming “Dead Cross” (1). Chinkou Lagging Span is below the chart; Ichimoku Cloud is still going up (2). Short-term forecast: we can expect support from Senkou Span A, and attempts of the price to stay inside the cloud.



GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1). Chinkou Lagging Span is below the chart, Ichimoku Cloud is heading down (2), and the price is below the lines. Short-term forecast: we can expect resistance from Tenkan-Sen, and decline of the price.




XAU USD, “Gold vs US Dollar”

XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Golden Cross” (1). Chinkou Lagging Span is above the chart, Ichimoku Cloud is moving upwards (2), and the price is between Tenkan-Sen and Kijun-Sen. Short‑term forecast: we can expect support from W Kijun-Sen, and growth of the price.



 
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