Ichimoku indicator analysis: GBP/USD and Gold

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 29, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Ichimoku indicator analysis on 29 February 2016 GBP USD "Pound – dollar" GBP USD, Time Frame H4. Indicator signals: Tenkan and Kijun are influenced by the "Dead Cross" (1) the Cloud lowers and extends (2), the Chinkou lagging remains below the chart, the price is below the lines. You can expect resistance of Tenkan and a decline of the price. GBP USD, Time Frame H1. Indicator signals: Tenkan and Kijun dispersed in Kumo with a "dead cross" (1), the Cloud goes down (2), the Chinkou lagging line

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