Ichimoku Cloud Analysis 26.03.2015 (GBP/USD, GOLD)

26.03.2015

Analysis for March 26th, 2015

GBP USD, “Great Britain Pound vs US Dollar”

GBP USD, Time Frame H4. Tenkan-Sen and Kijun-Sen are forming “Dead Cross” inside Kumo Cloud (1). Chinkou Lagging Span is on the chart; Ichimoku Cloud is starting to go up (2). Short-term forecast: we can expect attempts of the price to stay above the cloud.



GBP USD, Time Frame H1. Tenkan-Sen and Kijun-Sen are forming “Golden Cross” (1). Chinkou Lagging Span is above the chart; Ichimoku Cloud is heading down. Short-term forecast: we can expect resistance from Senkou Span B.




XAU USD, “Gold vs US Dollar”

XAU USD, Time Frame H4. 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 above the lines. Short‑term forecast: we can expect support from Kijun-Sen, and growth of the price.



 
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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.