Forecasts & opinions
Based on the Ichimocu system we can see that the price is clearly below the cloud and the tekan sen, kijun sen and chikou span seem to be in bearish formation, meaning that they are below the cloud.
Based on the Ichimocu Signals we can observe that the price is above the cloud. Having said that the Lines Kijun sen ,Tekan Sen ,and chickou span seem to be in a bearish mode yet.
If we examine the XAUUSD with Ichimocu system it is notable that the price is under the cloud, the cloud is in a bearish mode and the tekan sen line is below the cloud.
As for the kijun sen and chikou span they seem to be in the bullish side meaning that the lines didn't broke to the down side yet.
|remaining time till the new event being published|
- Germany: ZEW Indicator of Economic Sentiment rose sharply in March
- UK unemployment rate unexpectedly dropped to 3.9%
- UK Brexit secretary Barclay: now in a situation where we need an extension to Brexit
- Switzerland's trade surplus rose in February