Analysis for September 26th, 2013
GBP/USD
GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Golden Cross” (1); Kijun-Sen and Senkou Span A are directed downwards, Tenkan-Sen is moving upwards, Senkou Span B is horizontal. Ichimoku Cloud is going up (2), Chinkou Lagging Span is below the chart, and the price is on Tenkan-Sen. Short‑term forecast: we can expect support of Senkou Span A.
GBPUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen are under pressure of “Golden Cross” (1); Tenkan-Sen and Senkou Span A are directed downwards, other lines are horizontal. Ichimoku Cloud is going up (2); Chinkou Lagging Span is above the chart, and the price is on Kijun-Sen. Short‑term forecast: we can expect the price to fall down and support of Senkou Span B.
GOLD
XAUUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Dead Cross” (1); Tenkan-Sen is directed upwards, other 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, inside Kumo Cloud. Short‑term forecast: we can expect resistance of Kijun-Sen – Senkou Span B, and the price to move downwards.
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 above the lines. Short‑term forecast: we can expect support of Tenkan-Sen and the price to grow up.
RoboForex Analytical Department