Ichimoku Cloud Analysis 06.12.2012 (GBP/USD, GOLD)
06.12.2012
Analysis for December 6th, 2012
GBP/USD
GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen are under pressure of “Golden Cross” (1); all lines are horizontal. Ichimoku Cloud is going up (2), Chinkou Lagging Span is far above the chart, and the price is on Tenkan‑Sen. Short‑term forecast: we can expect the price to continue moving inside the channel between Tenkan-Sen and Kijun-Sen.
GBPUSD, Time Frame Н1 – 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 on the chart, and the price is on Tenkan-Sen and Kijun‑Sen. Short‑term forecast: we can expect resistance of Senkou Span A, support of Senkou Span B, the price to move upwards and then to stay below Kumo Cloud.
GOLD
GOLD, 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 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 move downwards.
GOLD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below 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 on Tenkan-Sen, below Kumo Cloud. Short‑term forecast: we can expect resistance of Senkou Span A and the price to fall down.
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