Analysis of Ishimoku indicator for GBP/USD and GOLD on March 3, 2016
03.03.2016
Analysis of Ishimoku indicator on March 3, 2016
GBP USD "Pound-Dollar"
GBPUSD, ТF Н4. Indicator’s signals: Tenkan and Kijun intersected under the Kumo as "the golden cross" (1), the cloud is still sliding (2), late Chinkou line is above the chart, price tries to fix in the cloud. Tenkan supporting and price growth in Kumo are expected.
GBPUSD, ТF Н1. Indicator’s signals: Tenkan and Kijun intersected under the Kumo as "the golden cross" (1), but Tenkan and Sinoku A is downward, price is in the channel Tenkan- Kijun. Support of Kijun-Sinkou A and price growth could be expected.
GOLD "Gold"
XAUUSD, ТF Н4. Indicator’s signals: Tenkan and Kijun are influenced by "the golden cross" (1), cloud is rising (2), late Chinkou line is on the chart, price is above the chart. The day Tenkan support and price increasing are possible.
GBP USD "Pound-Dollar"
GBPUSD, ТF Н4. Indicator’s signals: Tenkan and Kijun intersected under the Kumo as "the golden cross" (1), the cloud is still sliding (2), late Chinkou line is above the chart, price tries to fix in the cloud. Tenkan supporting and price growth in Kumo are expected.
GBPUSD, ТF Н1. Indicator’s signals: Tenkan and Kijun intersected under the Kumo as "the golden cross" (1), but Tenkan and Sinoku A is downward, price is in the channel Tenkan- Kijun. Support of Kijun-Sinkou A and price growth could be expected.
GOLD "Gold"
XAUUSD, ТF Н4. Indicator’s signals: Tenkan and Kijun are influenced by "the golden cross" (1), cloud is rising (2), late Chinkou line is on the chart, price is above the chart. The day Tenkan support and price increasing are possible.
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.