Ichimoku Cloud Analysis: GBP/USD, Gold

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Analysis for April 4th, 2016 GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1). Ichimoku Cloud is heading up so far (2), Chinkou Lagging Span is on the chart, and the price is on W Tenkan-Sen, inside Kumo. Short-term forecast: we can expect resistance from D Tenkan-Sen – D Senkou Span B, and decline of the price. GBPUSD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen

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