Ichimoku Cloud Analysis 18.04.2012 (GBP/USD, GOLD)
18.04.2012
Analysis for April 18th, 2012
GBP/USD
GBPUSD, Time Frame Н4 – Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud forming “Golden Cross” (1), both lines are horizontal. Ichimoku Cloud is going up (2), Senkou Spans A and B are directed upwards. Chinkou Lagging Span is above the chart, the price is above the indicator’s lines. In the near term, we can expect support of Tenkan-Sen and Kijun-Sen, and the price to move upwards.
GBPUSD, Time Frame Н1 – Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud forming “Golden Cross” (1), both lines are horizontal. Ichimoku Cloud is going up (2), Senkou Spans A and B are also horizontal. Chinkou Lagging Span is above the chart, the price is above the indicator’s lines. In the near term, we can expect support of Tenkan-Sen and Kijun-Sen, and the price to move upwards.
GOLD
XAUUSD, TimeFrameН4 – Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud forming “Dead Cross” (1), both lines are horizontal. Ichimoku Cloud is going up (2), but squeezed, Senkou Spans A and B are also horizontal. Chinkou Lagging Span is below the chart, the price is near the Kumo’s upper border. In the near term, we can expect support of Tenkan-Sen, resistance of Senkou Span B, and the price to move downwards.
XAUUSD, Time Frame Н1 – Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud forming “Golden Cross” (1), both lines are horizontal. Ichimoku Cloud is going up (2), Senkou Spans A and B are also horizontal. Chinkou Lagging Span is below the chart, the price is in the channel between Tenkan-Sen and Kijun-Sen, below Kumo Cloud. In the near term, we can expect support of Kijun-Sen and resistance of Senkou Span A.
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.