Ichimoku analysis of GBP/USD and GOLD for 16.07.2015
16.07.2015
Ichimoku analysis for 16 July 2015
GBP USD "Pound dollar"
GBPUSD, TF H4. Indicator signals: Tenkan and Kijun are under the influence of the "golden cross" (1), Kumo rises (2), and the lagging Chinkou line is above the graph. A resistance of the day Kijun and support of Sinkou B can be expected.
GBPUSD, TF H1. Indicator signals: Tenkan and Kijun are above Kumo again broke with the "golden cross" (1), the cloud closed (2), the lagging Chinkou line is on the chart, the price is in Kumo. In the short-term we can expect a resistance of the cloud margin and migration of the cost down within it.
GOLD "Gold"
XAUUSD, TF H4. Tenkan and Kijun after convergence (1) remain under the influence of the "dead cross", all lines except Sinkou B, are pointing down, the Ichimoku cloud drops (2) the lagging indicator line Chinkou is below the graph. In the short-term we can expect a resistance of Tenkan, lowering of the price and the price trying to rise from the bottom of the cloud.
GBP USD "Pound dollar"
GBPUSD, TF H4. Indicator signals: Tenkan and Kijun are under the influence of the "golden cross" (1), Kumo rises (2), and the lagging Chinkou line is above the graph. A resistance of the day Kijun and support of Sinkou B can be expected.
GBPUSD, TF H1. Indicator signals: Tenkan and Kijun are above Kumo again broke with the "golden cross" (1), the cloud closed (2), the lagging Chinkou line is on the chart, the price is in Kumo. In the short-term we can expect a resistance of the cloud margin and migration of the cost down within it.
GOLD "Gold"
XAUUSD, TF H4. Tenkan and Kijun after convergence (1) remain under the influence of the "dead cross", all lines except Sinkou B, are pointing down, the Ichimoku cloud drops (2) the lagging indicator line Chinkou is below the graph. In the short-term we can expect a resistance of Tenkan, lowering of the price and the price trying to rise from the bottom of the cloud.
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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.