Ichimoku Cloud Analysis 09.10.2012 (GBP/USD, GOLD)
09.10.2012
Analysis for October 9th, 2012
GBP/USD
GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Dead Cross” (1), all lines are directed downwards. 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 the price to continue falling down.
GBPUSD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1), all lines are directed downwards. 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 resistance of Tenkan-Sen and the price to continue moving downwards.
GOLD
GOLD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1), Kijun-Sen and Senkou Span B are horizontal, Tenkan-Sen and Senkou Span A are directed downwards. Ichimoku Cloud is going up, Chinkou Lagging Span is below the chart, and the price is trying to leave the channel between Tenkan-Sen and Kijun-Sen. Short‑term forecast: we can expect support of Kumo Cloud and then the price to fall down.
GOLD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1), but Kijun-Sen and Senkou Span B are horizontal, Tenkan-Sen and Senkou Span A are moving downwards. Ichimoku Cloud is going down (2), Chinkou Lagging Span is close to the chart, and the price is in the channel between Tenkan-Sen and Kijun-Sen. Short‑term forecast: we can expect the price to fall down towards H4 Senkou Span A.
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