Ichimoku Cloud Analysis 30.07.2014 (GBP/USD, GOLD)
30.07.2014
Analysis for July 30th, 2014
GBP USD, “Great Britain Pound vs US Dollar”
GBPUSD, Time Frame Н4. Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1). All the lines are directed downwards. Ichimoku Cloud is going down (2). The price is below Tenkan-Sen. Chinkou Lagging Span is below the chart. Short-term forecast: price reduction and support of D Senkou Span A.
GBPUSD, Time Frame Н1. Tenkan-Sen and Kijun-Sen formed “Dead Cross” (1) in Kumo. Chinkou Lagging Span is below the chart. Ichimoku Cloud is going down (2). Short-term forecast: we can expect price reduction and attempts of price to stay above Cloud.
XAU USD, “Gold vs US Dollar”
XAUUSD, Time Frame H4, Tenkan-Sen and Kijun-Sen formed “Golden Cross” (1) below Kumo. Ichimoku Cloud is going down (2). Chinkou Lagging Span is below the chart. Short-term forecast: we can expect support of M Senkou Span B and D Senkou Span A.
XAUUSD, Time Frame Н1. Tenkan-Sen and Kijun-Sen are under the influence of “Dead Cross” (1). Ichimoku Cloud is going down (2). Chinkou Lagging Span is below the chart. Short-term forecast: we can expect resistance from Tenkan-Sen and increase in prices.
RoboForex Analytical Department
XAUUSD, Time Frame Н1. Tenkan-Sen and Kijun-Sen are under the influence of “Dead Cross” (1). Ichimoku Cloud is going down (2). Chinkou Lagging Span is below the chart. Short-term forecast: we can expect resistance from Tenkan-Sen and increase in prices.
RoboForex Analytical Department
Attention!
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.