Ichimoku Cloud Analysis 17.06.2013 (GBP/USD, GOLD)
17.06.2013
Analysis for June 17th, 2013
GBP/USD
GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen are under pressure of “Golden Cross” (1); Senkou Span B is moving upwards, other lines are horizontal. Ichimoku Cloud is going up (2) and widening, Chinkou Lagging Span is above the chart, and the price is above the lines. Short‑term forecast: we can expect support of Tenkan-Sen and the price to fall down towards Kumo Cloud and D Tenkan-Sen.
GBPUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1); all lines are horizontal. Ichimoku Cloud is going up (2); Chinkou Lagging Span is on the chart, and the price is on Tenkan-Sen. Short‑term forecast: we can expect resistance of Tenkan-Sen, and the price to fall down towards Kijun-Sen and Senkou Snap B.
GOLD
XAUUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden 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 above the chart, and the price is above Tenkan-Sen, below Kumo Cloud. Short‑term forecast: we can expect the price to grow up towards the cloud.
XAUUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Golden Cross” (1); all lines are horizontal. Ichimoku Cloud is going up (2), Chinkou Lagging Span is above the chart, and the price is in the channel between Tenkan-Sen and Kijun-Sen, above Kumo Cloud. Short‑term forecast: we can expect resistance of Tenkan-Sen and support of Kijun-Sen – Senkou Span B.
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