Ichimoku Cloud Analysis 12.12.2012 (GBP/USD, GOLD)
12.12.2012
Analysis for December 12th, 2012
GBP/USD
GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected near the cloud’s upper border and formed “Golden Cross” (1); all lines are horizontal now. Ichimoku Cloud is going up (2), Chinkou Lagging Span is on the chart, and the price is above the lines. Short‑term forecast: we can expect the price to grow up.
GBPUSD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1); Senkou Span B is 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 Kijun-Sen and the price to move upwards.
GOLD
GOLD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1); Tenkan-Sen is moving upwards, Senkou Span B is directed downwards, all other lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is above the chart, and the price is inside Kumo Cloud. Short‑term forecast: we can expect support of Senkou Span A and Tenkan-Sen, and the price to move inside the cloud.
GOLD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Golden Cross” (1); all lines are horizontal. Ichimoku Cloud went from the red zone into the blue one (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.
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