Ichimoku Cloud Analysis 28.06.2017 (GBP/USD, GOLD)

28.06.2017

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. Ichimoku Cloud is heading up (2) and expanding, Chinkou Lagging Span is above the chart, and the price is inside D Kumo. Short-term forecast: we can expect support from Tenkan-Sen – Senkou Span B, and growth of the price towards the upside border of the daily cloud.

GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Golden Cross” (1). Ichimoku Cloud is going up (2), Chinkou Lagging Span is above the chart, and the price is on Tenkan-Sen. Short-term forecast: we can expect support from Tenkan-Sen, and growth of the price.

 

XAU USD, “Gold vs US Dollar”

XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen ate intersecting above Kumo Cloud and forming “Golden Cross” (1); Tenkan-Sen is directed to the upside. Ichimoku Cloud is still moving downwards (2), Chinkou Lagging Span is above the chart, and the price is near Kumo’s downside border. Short‑term forecast: we can expect support from D Senkou Span B, 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.