Analysis for February 25th, 2013
GBP/USD
GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen are still under pressure of “Dead Cross”; Senkou Span B is directed downwards, other lines are horizontal. Ichimoku Cloud is going down, Chinkou Lagging Span is far below the chart, and the price is below the lines. Short‑term forecast: we can expect resistance of Tenkan-Sen and the price to move downwards.
GBPUSD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1), Tenkan-Sen and Senkou Span B are directed downwards, other lines are horizontal. Ichimoku Cloud is going down and widening, Chinkou Lagging Span is far below the chart, and the price is in the channel between Tenkan-Sen and Kijun-Sen. Short‑term forecast: we can expect support of Tenkan-Sen and the price to move upwards
GOLD
XAUUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen are still under pressure of “Dead Cross”; Senkou Span B is moving downwards, other lines are horizontal. Ichimoku Cloud is going down, Chinkou Lagging Span is below the chart, and the price is on Kijun-Sen. Short‑term forecast: we can expect support of Tenkan-Sen and Kijun-Sen, and the price to grow up towards the cloud.
XAUUSD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Golden Cross” (1); Tenkan-Sen and Senkou Span B are directed upwards, other lines are horizontal. Ichimoku Cloud is going up, Chinkou Lagging Span is on the chart, and the price is above the lines. Short‑term forecast: we can expect the price to return to the cloud’s broken border.
RoboForex Analytical Department