Ichimoku Cloud Analysis 25.04.2012 (GBP/USD, GOLD)

Analysis for April 25^th, 2012

GBP/USD

GBPUSD, Time Frame Н4 – Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud forming “Golden Cross” (1), Tenkan-Sen is horizontal, and Kijun-Sen is directed upwards. Ichimoku Cloud is going up (2), Senkou Spans A and B are also horizontal. Chinkou Lagging Span is above the chart, the price is in the channel between Tenkan-Sen and Kijun-Sen. In the near term, we can expect resistance of Tenkan-Sen and the price to move downwards.



GBPUSD, Time Frame Н1 – Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud forming “Dead Cross” (1), Tenkan-Sen is directed downwards, and Kijun-Sen is horizontal. Ichimoku Cloud is very narrow and may change its direction (2), Senkou Spans A and B are horizontal. Chinkou Lagging Span is above the chart, the price is below the indicator’s line. In the near term, we can expect the price to return to the cloud’s broken border, and then to move downwards.

GOLD

XAUUSD, Time Frame Н4 – Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud forming “Golden Cross” (1), Tenkan-Sen is directed upwards, and Kijun-Sen turned downwards. Ichimoku Cloud is going down (2), Senkou Span A is moving upwards, and Senkou Span B is horizontal. Chinkou Lagging Span is very close to the chart, the price is above Tenkan-Sen and Kijun-Sen, below Kumo Cloud. In the near term, we can expect the price to move upwards.



XAUUSD, Time Frame Н1 – Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud (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 and moving towards it, the price is above Tenkan-Sen and Kijun-Sen. In the near term, we can expect support of Tenkan-Sen and Kijun-Sen, and the price to move upwards.