Analysis for September 22nd, 2015
GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1), but the lines are getting closer to each other above Kumo Cloud (2). Chinkou Lagging Span is above the chart; Tenkan-Sen is directed downwards. Short-term forecast: we can expect attempts of the price to stay inside the cloud.
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1); Tenkan-Sen is directed upward. Ichimoku Cloud is heading down (2), Chinkou Lagging Span is close to the chart, and the price is on Kijun-Sen. Short-term forecast: we can expect support from Tenkan-Sen and resistance from Senkou Span A.
XAU USD, “Gold vs US Dollar”
XAU 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 downwards. Chinkou Lagging Span is above the chart, Ichimoku Cloud is moving upwards (2), and the price is on D Kijun-Sen. Short‑term forecast: we can expect support from Tenkan-Sen – D Kijun-Sen and resistance from the D Kumo’s upper border.
RoboForex Analytical Department