Ichimoku Cloud Analysis 04.10.2013 (GBP/USD, GOLD)
04.10.2013
Analysis for October 4th, 2013
GBP/USD
GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen are very close to each other (1); Tenkan-Sen and Senkou Span A are directed downwards, other lines are horizontal. Ichimoku Cloud is going up (2), Chinkou Lagging Span is o the chart, and the price is below Tenkan-Sen – Kijun-Sen, above Kumo Cloud. Short‑term forecast: we can expect support of Senkou Span A.
GBPUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1); all lines are horizontal. Ichimoku Cloud is going down (2); Chinkou Lagging Span is below the chart, and the price is below the lines. Short‑term forecast: we can expect support of H4 Senkou Span A and resistance of Kijun-Sen.
GOLD
XAUUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Dead Cross” (1); Senkou Span B is directed downwards, other lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is below the chart, and the price is on Kijun-Sen. Short‑term forecast: we can expect the price to grow up towards Senkou Span A.
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 Kijun-Sen. Short‑term forecast: we can expect support of Kijun-Sen – Senkou Span A.
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