Ichimoku Cloud Analysis 22.04.2015 (GBP/USD, GOLD)
22.04.2015
Analysis for April 22nd, 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); all lines except Senkou Span B are directed upwards. Chinkou Lagging Span is above the chart, Ichimoku Cloud is going up (2), and the price is above the lines. Short-term forecast: we can expect growth of the price towards resistance from D Senkou Span B.
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected and formed “Golden Cross” (1); all lines are directed upwards. Chinkou Lagging Span above the chart; Ichimoku Cloud is heading up (2). Short-term forecast: we can expect growth of the price.
XAU USD, “Gold vs US Dollar”
XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are very close to each other inside Kumo Cloud; they may intersect and form “Golden Cross” (1). Chinkou Lagging Span is above the chart; Ichimoku Cloud is moving upwards (2). Short‑term forecast: we can expect support from Tenkan-Sen, and growth 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.