Ichimoku Cloud Analysis 26.04.2012 (GBP/USD, GOLD)

Analysis for April 26^th, 2012

GBP/USD

GBPUSD, Time Frame Daily – 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 moving upwards, and Senkou Span B is also horizontal. Chinkou Lagging Span is above the chart, the price is above Kumo Cloud. In the near term, we can expect the price to continue growing up.



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 also horizontal. Chinkou Lagging Span is above the chart, the price is above the indicator’s line. In the near term, we can expect a sideways correction and the price to move downwards.

GOLD

XAUUSD, Time Frame Daily – Tenkan-Sen and Kijun-Sen intersected again below Kumo Cloud forming “Dead Cross” (1), Tenkan-Sen is directed downwards, and Kijun-Sen is horizontal. Kumo Cloud is going down (2), Senkou Span A is horizontal, and Senkou Span B is moving downwards. Chinkou Lagging Span is on the chart, the price is in the channel between Tenkan-Sen and Kijun-Sen. In the near term, we can expect support of Tenkan-Sen, resistance of Kijun-Sen and the price to return to resistance of Senkou Span B.



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 on the chart, the price is above Tenkan-Sen and Kijun-Sen, below Kumo Cloud. In the near term, we can expect support of Tenkan-Sen and Kijun-Sen, and the price to move upwards.