Ichimoku Cloud Analysis 27.04.2012 (GBP/USD, GOLD)

Analysis for April 27^th, 2012

GBP/USD

GBPUSD, Time Frame Н4 – Tenkan-Sen and Kijun-Sen are under pressure of “Golden Cross” (1), both lines are directed upwards. Ichimoku Cloud is going up (2), Senkou Spans A and B are also moving upwards. Chinkou Lagging Span is above the chart and moving away from it, the price is above the indicator’s lines. In the near term, we can expect support of Tenkan-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 directed upwards. Ichimoku Cloud is going up (2), Senkou Spans A and B are also moving upwards. Chinkou Lagging Span is above the chart, the price is above the indicator’s line. In the near term, we can expect support of Tenkan-Sen and Kijun-Sen, and the price to move upwards.

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 is horizontal. Ichimoku Cloud went from the red zone into the blue one (2), Senkou Span A turned upwards, and Senkou Span B is directed downwards. Chinkou Lagging Span is above the chart, the price is above Tenkan-Sen and Kijun-Sen, inside Kumo Cloud. In the near term, we can expect support of Tenkan-Sen and 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 the price to move upwards.