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Home / Analytics / Forex analysis & forecasts / Forex Ichimoku cloud analysis and forecast / Analysis of Ishimoku indicators for GBP/USD and GOLD on March 7, 2016
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Analysis of Ishimoku indicators for GBP/USD and GOLD on March 7, 2016

07.03.2016
Analysis of Ishimoku indicators on March 7, 2016

GBP USD "British Pound-Dollar"


Analysis of Ishimoku indicators for GBP/USD and GOLD on March 7, 2016

GBPUSD, ТF Н4. Indicator’s Signal: Tenkan and Kijun are still unfluenced by "Golden Cross" (1), the Cloud is rising (2), the late Chinkou line is above the chart, the price is in Kumo, in the channel Tenkan-Kijun. The resist Tenkan-Sikou B, the Support Kijun and price rising could be expected.


Analysis of Ishimoku indicators for GBP/USD and GOLD on March 7, 2016

GBPUSD, ТF Н1. Indicator’s Signal: Tenkan and Kijun are still unfluenced by "Dead Cross" (1), the Cloud is rising (2), the late Chinkou line is on the chart, the price is below the Tenkan-Kijun. The resist of these lines and price reducing up to support H4 Kijun could be expected.


GOLD "Gold"

Analysis of Ishimoku indicators for GBP/USD and GOLD on March 7, 2016

XAUUSD, ТF Н4. Indicator’s signal: the "Golden Cross" is still influence (1), the cloud is rising (2), the late Chinkou line is above the chart, the price is on Tenkan. The Tenkan support and further price rising could be 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.