Ichimoku Cloud Analysis 06.04.2015 (GBP/USD, GOLD)
06.04.2015
Analysis for April 6th, 2015
GBP USD, “Great Britain Pound vs US Dollar”
GBP 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 on D Kijun-Sen. Short-term forecast: we can expect support from Senkou Span B, and growth of the price.
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1). Chinkou Lagging Span is close to the chart, Ichimoku Cloud is heading up (2), and the price is above the lines. 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. Indicator signals: Tenkan-Sen and Kijun-Sen intersected near the cloud’s upper border and formed “Golden Cross” (1). Chinkou Lagging Span is on the chart; Ichimoku Cloud is closed (2). Short‑term forecast: we can expect support from Senkou Span A, and growth of the price up to D Senkou Span A.
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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.