Ichimoku Cloud Analysis 27.04.2015 (GBP/USD, GOLD)
27.04.2015
Analysis for April 27th, 2015
GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1). Chinkou Lagging Span is above the chart, Ichimoku Cloud is going up (2), and the price is moving above the lines, above the upper border of D Kumo Cloud. Short-term forecast: we can expect support from D Senkou Span B, and growth of the price.
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are close to each other; they may intersect and form “Dead Cross” (1). Chinkou Lagging Span on the chart; Ichimoku Cloud is heading up (2). Short-term forecast: we can expect attempts of the price to stay inside the cloud.
XAU USD, “Gold vs US Dollar”
XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Dead Cross” (1); all lines except Senkou Span B are directed downwards. Chinkou Lagging Span is below the chart, Ichimoku Cloud is moving downwards (2), and the price is below the lines. Short‑term forecast: we can expect support from D Senkou Span A, and decline of the price.
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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.