Ichimoku Cloud Analysis 10.06.2013 (GBP/USD, GOLD)
10.06.2013
Analysis for June 10th, 2013
GBP/USD
GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen are under pressure of “Golden Cross” (1); Kijun-Sen is directed upwards, other lines are horizontal. Ichimoku Cloud is going up (2) and widening, Chinkou Lagging Span is above the chart, and the price is in the channel between Tenkan-Sen and Kijun-Sen. Short‑term forecast: we can expect support of Kijun-Sen and D Senkou Span A, and the price to grow up.
GBPUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected and formed “Dead Cross” (1); Tenkan-Sen and Senkou Span A are directed downwards, other lines are horizontal. Ichimoku Cloud is closed; Chinkou Lagging Span is below the chart, and the price is inside Kumo Cloud. Short‑term forecast: we can expect support of Senkou Span B, resistance of Senkou Span A, and the price to stay above the cloud.
GOLD
XAUUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected near the cloud’s upper border and formed “Dead Cross” (1); all lines are horizontal. Ichimoku Cloud is closed (2), Chinkou Lagging Span is below the chart, and the price is below the lines. Short‑term forecast: we can expect resistance of Senkou Span A and the price to fall down.
XAUUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1); Tenkan-Sen and Senkou Span A are directed upwards, other lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is below the chart, and the price is below the lines. Short‑term forecast: we can expect resistance of Tenkan-Sen and the price to move downwards.
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