Analysis of Ichimoku's Indicator on July 21, 2016
GBP USD "British Pound to US Dollar"
GBPUSD, ТF Н4. Indicator's Signals: Tenkan-Kijun are under influence of "dead cross" (1), Kumo rising (2), but is narrow, the late Chinkou line is on chart, price is on D Tenkan-Kijun. Resistance D Tenkan-Kijun and price reducing could be expected.
GBPUSD, ТF Н1. Tenkan-Kijun approached each other above Kumo, but they are still under influence of "dead cross" (2) and broadening, the late Chinkou line is on chart, price is on Kijun-Chinkou B. For the short term support of the top cloud border could be expected.
GOLD "Gold"
XAUUSD А Н4. Indicator's Signals: Tenkan and Kijun merged under Kumo (1), cloud rising (2), the late Chinkou line is almost on chart, price is under lines. Resistance Tenkan-Kijun and price reducing could be expected.