Analysis of Ishimoku indicator for GBP/USD and GOLD on March 2, 2016
02.03.2016
Analysis of Ishimoku indicator on March 2, 2016
GBP USD "Pound-Dollar"
GBPUSD, ТF Н4. Indicator’s signals: Tenkan and Kijun went away under the Kumo as "the golden cross" (1), the cloud is still sliding (2), late Chinkou line is on the chart, price Tenkan-Kijun. The short term price reducing is anticipated, later – growth to resistance D Tenkan.
GBPUSD, ТF Н1. Indicator’s signals: Tenkan and Kijun intersected under Kumo as "the dead cross" (1), cloud is rising (2), the late Chinkou line under the chart, the price is in the cloud. The price reducing is anticipated.
GOLD "Gold"
XAUUSD, ТА Н4. Tenkan and Kijun intersected under Kumo as "the dead cross" (1), cloud is rising (2), the late Chinkou line under the chart, the price is in the top border of the cloud. The day Tenkan support and price increasing are possible.
GBP USD "Pound-Dollar"
GBPUSD, ТF Н4. Indicator’s signals: Tenkan and Kijun went away under the Kumo as "the golden cross" (1), the cloud is still sliding (2), late Chinkou line is on the chart, price Tenkan-Kijun. The short term price reducing is anticipated, later – growth to resistance D Tenkan.
GBPUSD, ТF Н1. Indicator’s signals: Tenkan and Kijun intersected under Kumo as "the dead cross" (1), cloud is rising (2), the late Chinkou line under the chart, the price is in the cloud. The price reducing is anticipated.
GOLD "Gold"
XAUUSD, ТА Н4. Tenkan and Kijun intersected under Kumo as "the dead cross" (1), cloud is rising (2), the late Chinkou line under the chart, the price is in the top border of the cloud. The day Tenkan support and price increasing are possible.
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.