Ichimoku Cloud Analysis 27.11.2014 (GBP/USD, GOLD)
27.11.2014
Analysis for November 27th, 2014
GBP USD, “Great Britain Pound vs US Dollar”
GBP USD. Indicator signals: Time Frame D – Tenkan-Sen and Kijun-Sen formed “Golden Cross”. Time Frame H4 – Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross”; all lines are directed upwards. Chinkou Lagging Span is above the chart, Kumo Cloud is going up (2), and the price is on Senkou Span B. Short term forecast: we can expect support from Tenkan-Sen – Kijun-Sen, and growth of the price.
GBP USD, Time Frame H1. Tenkan-Sen and Kijun-Sen formed “Golden Cross” above Kumo Cloud (1). Chinkou Lagging Span is close to the chart, Kumo Cloud is heading up (2), and the price is between Tenkan-Sen and Kijun-Sen. Short term forecast: we can expect support from Senkou Span A, and growth of the price.
XAU USD, “Gold vs US Dollar”
XAU USD, Time Frame H4: Tenkan-Sen and Kijun-Sen are very close to each other above Kumo Cloud (1); they may intersect and form “Dead Cross”. Chinkou Lagging Span is on the chart, and Kumo Cloud is heading up (2). Short-term forecast: we can expect support from D Kijun-Sen, and growth of the price.
RoboForex Analytical Department
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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.