Ichimoku Cloud Analysis 26.12.2012 (GBP/USD, GOLD)

26.12.2012

Analysis for December 26th, 2012

GBP/USD

GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected above 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 near the cloud’s lower border. Short‑term forecast: we can expect resistance of Tenkan-Sen and Senkou Span B, and the price to move downwards.



GBPUSD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen are intersecting below Kumo Cloud and forming “Dead Cross” (1); all lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is on the chart, and the price is below Kumo Cloud, above Tenkan‑Sen and Kijun‑Sen. Short‑term forecast: we can expect the price to grow up to the cloud’s lower border, and resistance of Senkou Span A.



GOLD

GOLD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Dead Cross” (1); Kijun-Sen and Senkou Span B are horizontal, Tenkan-Sen and Senkou Span A are directed upwards. Ichimoku Cloud is going down (2), Chinkou Lagging Span is below the chart, and the price is on Tenkan-Sen. Short‑term forecast: we can expect resistance of Tenkan-Sen and the price to fall down.



GOLD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected again below Kumo Cloud and formed “Dead Cross” (1); Tenkan-Sen and Senkou Span B are directed upwards, all other lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is below the chart, and the price is on Kijun‑Sen. Short‑term forecast: we can expect the price to grow up to the cloud’s upper border.



 
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.