Ichimoku Cloud Analysis 25.09.2015 (GBP/USD, GOLD)

25.09.2015

Analysis for September 25th, 2015

GBP USD, “Great Britain Pound vs US Dollar”

GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Dead Cross” (1). Kumo Cloud is going down and widening (2), Chinkou Lagging Span is below the chart, and the price below the lines. Short-term forecast: we can expect resistance from Tenkan-Sen, and attempts of the price to stay between Tenkan-Sen and Kijun-Sen.



GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Dead Cross” (1). Ichimoku Cloud is heading down (2), Chinkou Lagging Span is below the chart, and the price is on Tenkan-Sen. Short-term forecast: we can expect resistance from the cloud’s upper border, and attempts of the price to stay inside Kumo.




XAU USD, “Gold vs US Dollar”

XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen formed “Golden Cross” (1); W Kijun-Sen provided resistance. Chinkou Lagging Span is above the chart; Ichimoku Cloud is moving upwards (2). Short‑term forecast: we can expect support from Kijun-Sen.



 
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.