Analysis of Ishimoku indicators for GBP/USD and GOLD on March 4, 2016

04.03.2016
Analysis of Ishimoku indicators on March 4, 2016

GBP USD "British Pound-Dollar"


Analysis of Ishimoku indicators for GBP/USD and GOLD on March 4, 2016

GBPUSD, ТF Н4. Indicator’s signals: Tenkan and Kijun is influenced by the “Golden Cross” (1), the Cloud is narrowing, but keeps sliding (2), the late Chinkou line is above the chart, price is moving in the cloud. The resistance to Sinkou B, support to Tenkan and price rising are anticipated.


Analysis of Ishimoku indicators for GBP/USD and GOLD on March 4, 2016

Indicator’s signals: Tenkan and Kijun went away under Kumo as “Golden Cross” (1). The cloud is raise (2), the late Chinkou line is bringing close to the chart, the price remains in the channel Tenkan-Kijun. The support to Kijun-Sinkou A and price rising are expected.


GOLD "Gold"

Analysis of Ishimoku indicators for GBP/USD and GOLD on March 4, 2016

The indicator’s signals: the "Golden Cross" keeps its influence (1), all lines is upward, the cloud is up (2), the late Chinkou line is above the chart, the price is above the lines. The support to Tenkan and price rising are expected.
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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.