Ichimoku Cloud Analysis 27.12.2012 (GBP/USD, GOLD)

Analysis for December 27^th, 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 upwards, all other lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is below the chart, and the price is inside Kumo Cloud and the channel between Tenkan‑Sen and Kijun‑Sen. Short‑term forecast: we can expect the price to move upwards inside the channel.



GBPUSD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected near the cloud’s lower border and formed “Golden Cross”; Kijun-Sen and Senkou Span B are horizontal, Tenkan-Sen and Senkou Span A are directed upwards. Ichimoku Cloud is squeezing and going down (2), Chinkou Lagging Span is above the chart, and the price is inside Kumo Cloud. Short‑term forecast: we can expect the price to try to stay above the cloud.

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 below the chart, and the price is in the channel between Tenkan‑Sen and Kijun‑Sen. Short‑term forecast: we can expect the price to try to stay inside the cloud.



GOLD, 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 in the channel between Tenkan‑Sen and Kijun‑Sen. Short‑term forecast: we can expect resistance of Kijun-Sen and Senkou Span A, and support of Tenkan-Sen and Senkou Span B.



 
RoboForex Analytical Department