Ichimoku Cloud Analysis 25.10.2012 (GBP/USD, GOLD)
25.10.2012
Analysis for October 25th. 2012
GBP/USD
GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Dead Cross” (1), right now they are moving towards each other, Kijun-Sen is directed downwards, all other lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is very close to the chart, and the price is below Kumo Cloud. Short‑term forecast: we can expect the price to grow up and resistance of Senkou Span B.
GBPUSD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1), Kijun-Sen and Senkou Span A are directed upwards, all other 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 move upwards.
GOLD
GOLD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen are under pressure of “Dead Cross” (1), Senkou Spans A and B are horizontal, Tenkan-Sen is directed upwards, and Kijun-Sen is moving downwards. Ichimoku Cloud is going down (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 and the price to move upwards inside the channel.
GOLD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1), Kijun-Sen, Tenkan-Sen, and Senkou Span A are directed downwards, Senkou Span B is horizontal. Ichimoku Cloud is squeezing, Chinkou Lagging Span is above the chart, and the price is inside Kumo Cloud. Short‑term forecast: we can expect resistance of the cloud’s lower border and the price to grow up.
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