Ichimoku Cloud Analysis 14.06.2013 (GBP/USD, GOLD)
14.06.2013
Analysis for June 14th, 2013
GBP/USD
GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen are under pressure of “Golden Cross” (1); Tenkan-Sen and Senkou Span A are moving downwards, other lines are horizontal. Ichimoku Cloud is going up (2) and widening, Chinkou Lagging Span is close to 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, resistance of Tenkan-Sen, and the price to fall down towards Senkou Span A.
GBPUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross”. Ichimoku Cloud is closed (2); Chinkou Lagging Span is on the chart, and the price is below Tenkan-Sen and Kijun-Sen, inside Kumo Cloud. Short‑term forecast: we can expect resistance of Tenkan-Sen and Senkou Span A, and the price to fall down inside the cloud.
GOLD
XAUUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen are under pressure of “Dead Cross” (1); all lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is close the chart, and the price is on Tenkan-Sen. Short‑term forecast: we can expect the price to fall down.
XAUUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Golden Cross” (1); Tenkan-Sen and Senkou Span A are moving downwards, other lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is below the chart, and the price is in the channel between Tenkan-Sen and Kijun-Sen, inside Kumo Cloud. Short‑term forecast: we can expect resistance of Tenkan-Sen and the price to move below the cloud.
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