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Ichimoku Cloud Analysis: GBP/USD, Gold

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for April 15th, 2016 GBPUSD, “Great Britain Pound vs US Dollar” GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Dead Cross” (1). Ichimoku Cloud is closed (2), Chinkou Lagging Span is above the chart, and the price is inside the cloud. Short-term forecast: we can expect resistance from Senkou Span B – D Senkou Span A, and decline of the price. GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected

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