GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1). Ichimoku Cloud is heading up so far (2), Chinkou Lagging Span is on the chart, and the price is on W Tenkan-Sen, inside Kumo. Short-term forecast: we can expect resistance from D Tenkan-Sen – D Senkou Span B, and decline of the price.
GBPUSD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1). Ichimoku Cloud is going down and widening (2), Chinkou Lagging Span is close to the chart, and the price is between Tenkan-Sen and Kijun-Sen. Short-term forecast: we can expect support from Tenkan-Sen, resistance from the cloud’s lower border, and decline of the price.
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XAUUSD, “Gold vs US Dollar”
XAUUSD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Dead Cross” (1). Chinkou Lagging Span is on the chart; Ichimoku Cloud is moving downwards (2). Short‑term forecast: we can expect support from D Senkou Span A. resistance from Tenkan-Sen, and attempts of the price to stay inside D Kumo. roboforex
