Analysis for June 22nd, 2016
GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Golden Cross” (1). Ichimoku Cloud continues heading up (2) and widening; Chinkou Lagging Span is above the chart. Short-term forecast: we can expect resistance from Tenkan-Sen and growth of the price up to W Senkou Span A.
GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen ran into one another inside Kumo Cloud; they may intersect and form “Dead Cross” (1). Ichimoku Cloud is closed (2), Chinkou Lagging Span is below the chart, and the price is inside the cloud. Short-term forecast: we can expect resistance from Senkou Span A and support from Senkou Span B.
XAU USD, “Gold vs US Dollar”XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1); Tenkan-Sen and Senkou Span A are directed upwards. Ichimoku Cloud is moving downwards (2); Chinkou Lagging Span is below the chart. Short‑term forecast: we can expect support from D Kijun-Sen, and decline of the price towards D Kumo.
RoboForex Analytical Department
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 Members Area.