Ichimoku Cloud Analysis 14.03.2012 (GBP/USD, GOLD)

Analysis for March 14^th, 2012

GBP/USD

GBPUSD, Time Frame Н4 – Tenkan-Sen and Kijun-Sen are under pressure of “Dead Cross” (1), both lines are horizontal. Ichimoku Cloud is going down (2), Senkou Spans A and B are also horizontal. Chinkou Lagging Span is on the chart, the price is above Tenkan-Sen and Kijun-Sen, below Kumo Cloud. In the near term, we can expect the attempts of the price to stay above the channel and grow up towards the cloud’s lower border.



GBPUSD, Time Frame Н1 – Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud forming “Golden Cross” (1), Tenkan‑Sen is directed upwards, and Kijun-Sen is horizontal. Ichimoku Cloud is going up (2), Senkou Span A is directed upwards, and Senkou Span B is also horizontal. Chinkou Lagging Span is above the chart, the price is above the indicator’s lines. In the near term, we can expect the price to move upwards and return to the cloud’s broken upper border.

GOLD

XAUUSD, Time Frame Н4 – Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud forming “Dead Cross” (1), both lines are horizontal. Ichimoku Cloud is going down (2), Senkou Spans A and B are also horizontal. Chinkou Lagging Span is below the chart, the price is below the indicator’s lines. In the near term, we can expect the price to continue falling down.



XAUUSD, Time Frame Н1 – Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud forming “Dead Cross” (1), both lines are horizontal. Ichimoku Cloud is going down (2), Senkou Span A turned upwards, and Senkou Span B is moving downwards. Chinkou Lagging Span is below the chart, the price is below the indicator’s lines. In the near term, we can expect the price to continue falling down.