Ichimoku Cloud Analysis 28.04.2015 (GBP/USD, GOLD)
28.04.2015
Analysis for April 28th, 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 after rebounding from D Senkou Span B (which is the upper border of D Kumo Cloud). Short-term forecast: we can expect support from Tenkan-Sen, and growth of the price.
GBP USD, Time Frame H1. Indicator signals: after getting very close to each other, Tenkan-Sen and Kijun-Sen intersected and formed “Golden Cross” (1) again. Chinkou Lagging Span above the chart; Ichimoku Cloud is heading up (2). Short-term forecast: we can expect support from Tenkan-Sen, and growth of the price.
XAU USD, “Gold vs US Dollar”
XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1). Chinkou Lagging Span is above the chart, Ichimoku Cloud is closed (2), and the price is inside D Kumo Cloud (the lower border of which provides support). Short‑term forecast: we can expect support from Senkou Span B, and growth of the price towards D Senkou Span B.
RoboForex Analytical Department
Attention!
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.