Ichimoku Cloud Analysis 08.01.2013 (GBP/USD, GOLD)

Analysis for January 8^th, 2013

GBP/USD

GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1); Tenkan-Sen is directed upwards, other lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is 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 grow up towards the cloud’s lower border.



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 A are directed downwards, other lines are horizontal. Ichimoku Cloud is going up (2), Chinkou Lagging Span is above the chart, and the price is in the channel between Tenkan-Sen and Kijun-Sen, inside Kumo Cloud. Short‑term forecast: we can expect resistance of Tenkan-Sen and support of Kijun-Sen.

GOLD

GOLD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Dead Cross” (1); Tenkan-Sen and Senkou Span A are directed upwards, other lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is below the chart, and the price is below the lines. Short‑term forecast: we can expect resistance of Tenkan-Sen, Senkou Span A, and Kijun‑Sen, and the attempts of the price to stay above the cloud.



GOLD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Dead Cross” (1); all lines are horizontal. Ichimoku Cloud is going up (2), Chinkou Lagging Span is below the chart, and the price is below the lines. Short‑term forecast: we can expect resistance of Tenkan-Sen, Kijun‑Sen, and Senkou Span A, and the attempts of the price to move through the cloud in an upward direction.



 
RoboForex Analytical Department