Ichimoku Cloud Analysis 18.12.2014 (GBP/USD, GOLD)
18.12.2014
Analysis for December 18th, 2014
GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Tenkan-Sen and Kijun-Sen formed “Dead Cross” (1) inside Kumo Cloud. Chinkou Lagging Span is below the chart, Kumo Cloud is going down (2), and the price is below Kumo. Short-term forecast: we can expect resistance from D Tenkan-Sen.
GBP USD, Time Frame H1. Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1); Tenkan-Sen is directed upwards. Chinkou Lagging Span is below the chart, Kumo Cloud is heading down (2), and the price is between Tenkan-Sen and Kijun-Sen. Short-term forecast: we can expect resistance from Senkou Span B.
XAU USD, “Gold vs US Dollar”
XAU USD, Time Frame H4: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1). Chinkou Lagging Span is below the chart, Kumo Cloud is moving downwards (2), and the price is inside Kumo. Short‑term forecast: we can expect the price to move inside 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.