Analysis for July 23rd, 2015
GBP USD, Time Frame H4. Indicator signals: W Senkou Span A is a resistance. Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Golden Cross” (1); Tenkan-Sen is directed upwards. Chinkou Lagging Span is on the chart; Ichimoku Cloud is going up and widening (2). Short-term forecast: we can expect support from D Tenkan-Sen.
GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are close to each other, but still influenced by “Golden Cross” (1). Chinkou Lagging Span is below the chart; Ichimoku Cloud is heading up (2). Short-term forecast: we can expect resistance from Tenkan-Sen – Kijun-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 influenced by “Dead Cross” (1). Chinkou Lagging Span is below the chart, Ichimoku Cloud is still moving downwards (2), and the price is between Tenkan-Sen and Kijun-Sen. Short‑term forecast: we can expect resistance from Kijun-Sen, support from Tenkan-Sen, and growth of the price towards the cloud.
RoboForex Analytical Department
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