GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected and formed “Dead Cross” (1), but the lines are still influenced by D “Golden Cross” (3). Ichimoku Cloud is very narrow, but still going up (2); Chinkou Lagging Span is on the chart. Short-term forecast: we can expect support from D Senkou Span B and resistance from Senkou Span A.
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1). Ichimoku Cloud is heading down (2), Chinkou Lagging Span is below the chart, 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 very close to each other, but still influenced by “Dead Cross” (1) and D “Golden Cross” (3). Ichimoku Cloud is very narrow, but continues moving downwards (2), Chinkou Lagging Span is below the chart, and the price is near Kumo’s downside border. Short‑term forecast: we can expect support from Tenkan-Sen and resistance from Kijun-Sen – D Tenkan-Sen.
RoboForex Analytical Department