Ichimoku Cloud Analysis 28.03.2017 (GBP/USD, GOLD)

28.03.2017

GBP USD, “Great Britain Pound vs US Dollar”

GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Golden Cross” (1); D Tenkan-Sen and D Kijun-Sen are influenced by D “Golden Cross”; Tenkan-Sen is directed to the upside. Ichimoku Cloud is heading up (2); Chinkou Lagging Span is above the chart. Short-term forecast: we can expect support from Tenkan-Sen, and growth of the price.

GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1). Ichimoku Cloud is going up (2) and expanding; Chinkou Lagging Span is on the chart. 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 are still influenced by “Golden Cross” (1); D Tenkan-Sen and D Kijun-Sen are influenced by D “Golden Cross” (3). Ichimoku Cloud is moving upwards (2), Chinkou Lagging Span is getting closer to the chart, and the price is on Tenkan-Sen. Short‑term forecast: we can expect support from Kijun-Sen, and a further 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.