Analysis of Ishimoku Indicator on March 8, 2016
GBP USD "British Pound to US Dollar"
GBPUSD, ТF Н4. Indicator’s signal: the "Golden Cross" is still influence (1), the cloud is rising (2), the late Chinkou line is above the chart, the price is above the lines. The resist of weekly Tenkan, the support D Kijun and price rising could be expected.
GBPUSD, ТF Н1. Indicator’s signal: Tenkan and Kijun are intersected again above Kumo as the Golden Cross (1), the cloud is rising (2), the late Chinkou line is above the chart, the price is in the channel Tenkan-Kijun. The support Kijun – Sinkou В and price rising could be expected.
GOLD "Gold"
XAUUSD, ТF Н4.Indicator’s signal: the lines are influenced by the Colden Cross (1), Tenkan is supporting, the cloud is rising (2), the late Chinkou line went away from the chart, the price is above the lines. The further price rising could be expected.