Ichimoku Cloud Analysis 13.12.2012 (GBP/USD, GOLD)
13.12.2012
Analysis for December 13th, 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 in the channel between Tenkan‑Sen and Kijun‑Sen. Short‑term forecast: we can expect the price to move downwards inside the channel.
GBPUSD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen are very close above Kumo Cloud, they may intersect and form “Dead Cross” (1); Tenkan-Sen is horizontal, all other lines are directed upwards. Ichimoku Cloud is going up (2), Chinkou Lagging Span is above the chart, and the price is below Tenkan‑Sen and Kijun-Sen, above Kumo Cloud. Short‑term forecast: we can expect the price to move downwards.
GOLD
GOLD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1); all lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is close to the chart, and the price is below the lines. Short‑term forecast: we can expect the price to move downwards.
GOLD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Dead Cross” (1); Tenkan-Sen and Senkou Span A are directed downwards, all other 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 fall down.
RoboForex Analytical Department
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.