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Home / Analytics / Forex analysis & forecasts / Forex Ichimoku cloud analysis and forecast / Ichimoku Cloud Analysis 17.01.2013 (GBP/USD, GOLD)

Ichimoku Cloud Analysis 17.01.2013 (GBP/USD, GOLD)

17.01.2013
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Analysis for January 17th, 2013

GBP/USD

GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Dead Cross” (1); Senkou Span B is directed downwards, other lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is on the chart, and the price is below the lines. Short‑term forecast: we can expect attempts of the price to stay inside the channel and grow up towards the cloud.



GBPUSD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen are still under pressure of “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 Kijun-Sen. Short‑term forecast: we can expect resistance of Senkou Span A the price to move through the cloud.



GOLD

GOLD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen are still under pressure of “Golden Cross” (1); Senkou Span B is directed downwards, other lines are horizontal. Ichimoku Cloud is going up (2) and expanding, 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 move upwards.



GOLD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected again near the cloud’s upper border and formed “Golden Cross” (1); Kijun-Sen is directed downwards, other lines are moving upwards. Ichimoku Cloud is very narrow and still going up (2), Chinkou Lagging Span is on the chart, and the price is above the lines. Short‑term forecast: we can expect support of Tenkan‑Sen and Senkou Span A, and the price to grow up.



 
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