Article By RoboForex.com
Ichimoku indicator analysis on 23 December 2015
GBP USD “Pound – dollar”
GBPUSD, TF H4. Indicator signals: Tenkan and Kijun merged under the Kumo (1), the cloud declines (2), the Chinkou Lagging is almost on the chart. You can expect resistance of the bottom of the cloud and the price to try to gain a foothold above it.
GBP USD, TF H1. Indicator signals: Tenkan and Kijun are under the influence of the “dead cross” (1) the cloud heads down (2) and expands, the Chinkou Lagging is below the chart, the price has fixed in the Tenkan-Kijun channel. In the short-term we can expect support of Tenkan and increasing prices.
GOLD “Gold”
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XAUUSD, TF H4. Indicator signals: Tenkan and Kijun are under the influence of the “golden cross” (1), Tenkan is pointing down, the cloud rises (2), Chinkou Lagging is on the chart, the price is in the Tenkan-Kijun channel. You can expect support from Kijun and increasing prices.
Article By RoboForex.com
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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 LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
