Ichimoku Cloud Analysis 09.01.2015 (GBP/USD, GOLD)
09.01.2015
Analysis for January 9th, 2015
GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Tenkan-Sen and Kijun-Sen are still influenced by “Dead Cross” (1), but Tenkan-Sen is directed upwards. Chinkou Lagging Span is below the chart, Ichimoku Cloud is going down (2), and the price is inside Tenkan-Sen and Kijun-Sen channel. Short-term forecast: we can expect the price to move inside the channel up to Senkou Span A.
GBP USD, Time Frame H1. Tenkan-Sen and Kijun-Sen formed “Golden Cross” (1) below Kumo Cloud; all lines are directed upwards. Chinkou Lagging Span is above the chart, Ichimoku Cloud is heading up (2), and the price is near Kumo’s upper border. Short-term forecast: we can expect attempts of the price to stay above the cloud.
XAU USD, “Gold vs US Dollar”
XAU USD, Time Frame H4: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1). Chinkou Lagging Span is above the chart, Ichimoku Cloud is moving upwards (2), and the price is on Tenkan-Sen. 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.