Analysis of Ichimoku Indicator on July 22, 2016
GBP USD "British Pound to US Dollar"
GBPUSD, TF Н4. Indicator's Signals: Tenkan-Kijun merged in Kumo and directed to the top (1), Kumo is closed (2), the late Chinkou line is under the chart, price is on Chinkou B. Resistance of Tenkan-Kijun and price descending under cloud could be expected.
GBPUSD, ТF Н1. Tenkan-Kijun merged in Kumo and directed to the down(1), Kumo is closed (2), the late Chinkou line is under the chart, price is under lines. For the short terms, "price returns to cloud border after its breakage" pattern and price reducing could be expected.
GOLD "Gold"
XAUUSD ТF Н4. Indicator's Signals: D Tenkan resisted, Tenkan and Kijun approached each other under Kumo (1) and do not separate, cloud is descend (2), the late Chinkou line is on the chart, price is on Tenkan-Kijun. Price reducing till daily Kijun could be expected.