Analysis for December 27th, 2013
GBP/USD
GBPUSD, Time Frame H4. Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Golden Cross” (1); all lines are directed upwards. Ichimoku Cloud is going up (2); price is above the lines. Short‑term forecast is bullish.
GBPUSD, Time Frame H1. Tenkan-Sen and Kijun-Sen intersected and formed “Golden Cross” (1); all lines are directed upwards. Ichimoku Cloud is going up (2). Short‑term forecast: we can expect support from Tenkan-Sen and ascending movement of the price.
GOLD
XAUUSD, Time Frame H4. Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1); Tenkan-Sen and Senkou Span A are directed upwards. Ichimoku Cloud is going down (2). Short-term forecast is bullish.
XAUUSD, Time Frame H1. Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1). Ichimoku Cloud is going up (2); Chinkou Lagging Span is above the chart. Short‑term forecast: we can expect ascending movement of the price up to D Tenkan-Sen.
RoboForex Analytical Department