Ichimoku Cloud Analysis 25.05.2017 (GBP/USD, GOLD)

25.05.2017

GBP USD "British Pound vs. US Dollar"

Ichimoku Cloud Analysis 25.05.2017 (GBP/USD, GOLD)

GBP USD, Time Frame H4. After Tenkan-Sen and Kijun-Sen merged (1), the "golden cross" has been influencing them until now; Ichimoku Cloud is raising (2); the Lagging Chinkou Span intersected the chart downwards; price is on D Tenkan. Price can be expected to move lower to D Kijun.

 

Ichimoku Cloud Analysis 25.05.2017 (GBP/USD, GOLD)

GBP USD, Time Frame H1. Tenkan-Sen and Kijun-Sen have diverged under Kumo and formed a "golden cross" (1), but they are once again moving close to each other; Ichimoku moves lower (2); the Lagging Chinkou Span holds under the chart; price is below the lines. Senkou A can offer a resistance while price can possible move below the cloud.

 

GOLD

Ichimoku Cloud Analysis 25.05.2017 (GBP/USD, GOLD)

XAU USD, Time Frame H4. Tenkan-Sen and Kijun-Sen have diverged over the cloud and formed a "dead cross" (1); Kumo keeps rising higher (2); the Lagging Chinkou Span is on the chart; price is on D Kijun. A support from the weekly Tenkan and D Tenkan can be expected.

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.