Analysis for March 26th, 2015
GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Tenkan-Sen and Kijun-Sen are forming “Dead Cross” inside Kumo Cloud (1). Chinkou Lagging Span is on the chart; Ichimoku Cloud is starting to go up (2). Short-term forecast: we can expect attempts of the price to stay above the cloud.
GBP USD, Time Frame H1. Tenkan-Sen and Kijun-Sen are forming “Golden Cross” (1). Chinkou Lagging Span is above the chart; Ichimoku Cloud is heading down. Short-term forecast: we can expect resistance from Senkou Span B.
XAU USD, “Gold vs US Dollar”
XAU USD, Time Frame H4. Tenkan-Sen and Kijun-Sen are still influenced by “Golden Cross” (1). Chinkou Lagging Span is above the chart, Ichimoku Cloud is moving upwards (2), and the price is above the lines. Short‑term forecast: we can expect support from Kijun-Sen, and growth of the price.
RoboForex Analytical Department