Ichimoku Cloud Analysis: GBP/USD, Gold

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 26, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Analysis for January 26th, 2016 GBP USD, “Great Britain Pound vs US Dollar” GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1), but all lines except Kijun-Sen are directed downwards. Ichimoku Cloud continues heading down (2), Chinkou Lagging Span is on the chart, and the price is on Kijun-Sen and D Tenkan-Sen. Short-term forecast: we can expect resistance from Tenkan-Sen – D Tenkan-Sen, decline of the price and then attempts to stay inside

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