Analysis of Ichimoku's indicator for GBP/USD and GOLD on 20.07.2016

20.07.2016
Analysis of Ichimoku's indicator on July 20, 2016

GBP USD "British Pound to US Dollar"


Analysis of Ichimoku's indicator for GBP/USD and GOLD on 20.07.2016

GBPUSD, TF Н4. Indicator's signals: Tenkan-Kijun is under influence of "dead cross" (1), Kumo rising (2), but is narrow, the late Chinkou line is under the chart, price is on lower border of Kumo. Resistance D Tenkan and price reduction could be expected.

Analysis of Ichimoku's indicator for GBP/USD and GOLD on 20.07.2016

GBPUSD, ТF Н1. Tenkan-Kijun is under influence of "dead cross" (1), cloud descending (2), the late Chinkou line approaches to the chart, price is on Tenkan. For the short term, resistance of lower border of cloud and price reduction could be expected.

GOLD "Gold"

Analysis of Ichimoku's indicator for GBP/USD and GOLD on 20.07.2016

XAUUSD ТF Н4. Indicator's signals: Tenkan and Kijun approached under Kumo, but are under influence of "dead cross" (1), cloud is descending (2), the late Chinkou line released from the chart to the down, price is under lines. Resistance of Tenkan and price reduction to D Kijun 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.