Ichimoku Cloud Analysis 14.04.2015

Ichimoku Cloud Analysis  (GBP/USD, GOLD)

Forex Trading | Forex News Daily Update |FXTM Online Analysis Department.

Great Britain Pound vs US Dollar

GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Dead Cross” (1). Chinkou Lagging Span is below the chart, Ichimoku Cloud is going down (2), and the price is on Tenkan-Sen. Short-term forecast: we can expect another attempt of the price to stay between Tenkan-Sen and Kijun-Sen.



GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are very close to each other inside Kumo Cloud; they may intersect and form “Dead Cross” (1). Chinkou Lagging Span is above the chart; Ichimoku Cloud is heading up (2). Short-term forecast: we can expect resistance from Tenkan-Sen – Kijun-Sen, and attempts of the price to stay above the cloud.

Gold vs US Dollar

XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are close to each other and still influenced by “Dead Cross” (1); Tenkan-Sen is directed downwards. Chinkou Lagging Span is crossed the chart downwards; Ichimoku Cloud is falling (2). Short‑term forecast: we can expect support from D Kijun-Sen.

Forex Trading | Forex News Daily Update |FXTM Online Analysis Department.