Ichimoku Cloud Analysis 04.07.2013 (GBP/USD, GOLD)

Analysis for July 4^th, 2013

GBP/USD

GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen are very close to each other below Kumo Cloud (1); Kijun-Sen and Senkou Span A are moving downwards, other lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is close to the chart, and the price is above Tenkan-Sen and Kijun-Sen, below Kumo Cloud. Short‑term forecast: we can expect support of Tenkan-Sen - Kijun-Sen, the price to enter the cloud and then try to stay inside it.



GBPUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1); Tenkan-Sen is moving downwards, Kijun-Sen is directed upwards, other lines are horizontal. Ichimoku Cloud is up (2); Chinkou Lagging Span is on the chart, and the price is below Tenkan-Sen and Kijun-Sen, above Kumo Cloud. Short‑term forecast: we can expect the price to fall down towards the support of Kijun-Sen and then continue moving upwards.

GOLD

XAUUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1); Senkou Span B is directed downwards, other lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is above the chart, and the price is on Tenkan-Sen and Senkou Span A. Short‑term forecast: we can expect support of D Tenkan-Sen, the price to enter the cloud and then try to stay inside it.



XAUUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen are very close to each other above Kumo Cloud, they may intersect and form “Dead Cross” (1); Senkou Span B is moving downwards, other lines are horizontal. Ichimoku Cloud is going up (2), Chinkou Lagging Span is on the chart, and the price is on Senkou Span B. Short‑term forecast: we can expect the price to fall down and break the cloud downwards.



 
RoboForex Analytical Department