2:38 PM
Ichimoku Cloud Analysis 17.03.2015 (GBP/USD)
GBP USD, Time Frame H1. Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1). Chinkou Lagging Span is on the chart, Ichimoku Cloud is heading down, and the price is between Tenkan-Sen and Kijun-Sen. Short-term forecast: we can expect resistance from Tenkan-Sen – Senkou Span A, support from Kijun-Sen, and attempts of the price to stay inside the cloud.
FXTM Online Analysis Department.
GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1). Chinkou Lagging Span is below the chart, Ichimoku Cloud is going down (2), and the price is below Tenkan-Sen. Short-term forecast: we can expect resistance from Kijun-Sen.GBP USD, Time Frame H1. Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1). Chinkou Lagging Span is on the chart, Ichimoku Cloud is heading down, and the price is between Tenkan-Sen and Kijun-Sen. Short-term forecast: we can expect resistance from Tenkan-Sen – Senkou Span A, support from Kijun-Sen, and attempts of the price to stay inside the cloud.
FXTM Online Analysis Department.
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