Ichimoku Cloud Analysis 27.01.2015 (GBP/USD, GOLD)
27.01.2015
Analysis for January 27th, 2015
GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are very close to each other and may intersect, but both lines are still influenced by “Dead Cross”; Tenkan-Sen is directed upwards. Chinkou Lagging Span is on the chart, Ichimoku Cloud is very narrow (2) and continues going down; and the price is on Kijun-Sen. Short-term forecast: we can expect support from Tenkan-Sen, and attempts of the price to stay above the cloud.
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1). Chinkou Lagging Span is above the chart, Ichimoku Cloud is heading up (2), and the price is on Tenkan-Sen. Short-term forecast: we can expect support from Kijun-Sen – Senkou Spans A and B, and growth of the price.
XAU USD, “Gold vs US Dollar”
XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen formed “Dead Cross” (1) above Kumo Cloud. Chinkou Lagging Span is on the chart, and Ichimoku Cloud is moving upwards (2). Short‑term forecast: we can expect decline of the price.
RoboForex Analytical Department
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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.