RoboForex
Ichimoku Cloud Analysis 21.06.2016 (GBP/USD, GOLD)
21.06.2016Analysis for June 21st, 2016
GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1); Tenkan-Sen and Senkou Span A are directed upwards. Ichimoku Cloud is still heading up (2) and widening; Chinkou Lagging Span is above the chart. Short-term forecast: we can expect support 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 are influenced by “Golden Cross” (1). Ichimoku Cloud is going up (2), Chinkou Lagging Span is above the chart, and the price is above the lines. Short-term forecast: we can expect support from Kijun-Sen, and growth of the price.
XAU USD, “Gold vs US Dollar”
XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1). Ichimoku Cloud is still moving upwards (2); Chinkou Lagging Span is on the chart. Short‑term forecast: we can expect support from Senkou Span A, resistance from Tenkan-Sen – D Tenkan-Sen, and decline of the price towards the upside border of D Kumo.
RoboForex Analytical DepartmentAttention!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.