Ichimoku Cloud Analysis 08.02.2013 (GBP/USD, GOLD)

08.02.2013

Analysis for February 8th, 2013

GBP/USD

GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Dead Cross” (1); Kijun-Sen and Senkou Span A are directed downwards, other lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is moving towards 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 the price to grow up towards the cloud’s lower border.



GBPUSD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Golden Cross” (1); Kijun-Sen is horizontal, other lines are directed upwards. 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 Tenkan-Sen and the price to grow up.



GOLD

GOLD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen are very close to each other inside Kumo Cloud (1), they may intersect and form “Dead Cross”; all lines are horizontal. Ichimoku Cloud is going up (2), Chinkou Lagging Span is close to the chart, and the price is inside Kumo Cloud. Short‑term forecast: we can expect support of Senkou Span A and resistance of Tenkan-Sen - Kijun-Sen - Senkou Span B.



GOLD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Dead Cross” (1); Tenkan-Sen and Senkou Span A are directed upwards, other lines are horizontal. 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 the price to complete a sideways correction, and then resistance of Kijun-Sen and Senkou Spans A and B.



 
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