Cookies help us deliver our services. By using our services, you agree to our use of cookies.
Learn more Got it
Dakar 2017
Home / Analytics / Forex analysis & forecasts / Forex Ichimoku cloud analysis and forecast / Ichimoku Cloud Analysis 29.01.2016 (GBP/USD, GOLD)
Ask a question
Did not find the information you need? Ask your questions and get answers online!
Enter chat
Or enter your phone number in the form below and we will call you right away.
Call back




Ichimoku Cloud Analysis 29.01.2016 (GBP/USD, GOLD)

29.01.2016

Analysis for January 29th, 2016

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). Ichimoku Cloud is heading up (2), Chinkou Lagging Span is above the chart, and the price is near Kumo’s upper border, between Tenkan-Sen and Kijun-Sen. Short-term forecast: we can expect support from Tenkan-Sen – Kijun-Sen – Senkou Span B, and the price to move towards D Kijun-Sen.



GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1); the lines are very close to each other above Kumo Cloud. Ichimoku Cloud is going up (2), Chinkou Lagging Span is near the chart, and the price is on Kijun-Sen. Short-term forecast: we can expect resistance from Tenkan-Sen, and decline of the price.




XAU USD, “Gold vs US Dollar”

XAU USD, Time Frame Daily. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Golden Cross” (1), but Tenkan-Sen is directed downwards. Chinkou Lagging Span is above the chart, Ichimoku Cloud is moving upwards (2), and the price is between Tenkan-Sen and Kijun-Sen, above the cloud. Short‑term forecast: we can expect support from D Senkou Span B – D Tenkan-Sen – Senkou Span B.



 
RoboForex Analytical Department

Dear reader!

Without authorization, you can view no more than two reviews per day and no more than 10 per month. To continue reading analytical reviews, register or login to your Members Area.

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.