Ichimoku Cloud Analysis 03.09.2013 (GBP/USD, GOLD)
03.09.2013
Analysis for September 3rd, 2013
GBP/USD
GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1); Senkou Span B is horizontal, other lines are directed upwards. Ichimoku Cloud is going down (2), Chinkou Lagging Span is on the chart, and the price is near the cloud’s lower border. Short‑term forecast: we can expect support of D Tenkan-Sen and the price to grow up.
GBPUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen are very close to each other above Kumo Cloud; all lines are directed upwards. Ichimoku Cloud is going up (2); Chinkou Lagging Span is on the chart, and the price is on Tenkan-Sen and Kijun-Sen. Short‑term forecast: we can expect the price to move upwards.
GOLD
XAUUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud 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 in the channel between Tenkan-Sen and Kijun-Sen. Short‑term forecast: we can expect support of Tenkan-Sen – Senkou Span A and resistance of Kijun-Sen.
XAUUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen are very close to each other inside Kumo Cloud; Senkou Span B is horizontal other lines are directed upwards. Ichimoku Cloud is going down (2) and almost closed, Chinkou Lagging Span is on the chart, and the price is on Senkou Span B. Short‑term forecast: we can expect support of Tenkan-Sen – Kijun-Sen – Senkou Span A.
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