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Home / Analytics / Forex analysis & forecasts / Forex Ichimoku cloud analysis and forecast / Ichimoku Cloud Analysis 21.02.2013 (GBP/USD, GOLD)

Ichimoku Cloud Analysis 21.02.2013 (GBP/USD, GOLD)

21.02.2013
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Analysis for February 21st, 2013

GBP/USD

GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen are still under pressure of “Dead Cross”; all lines are horizontal. Ichimoku Cloud is going down and widening, Chinkou Lagging Span is far below the chart, and the price is below the lines. Short‑term forecast: we can expect resistance of Tenkan-Sen and the price to move downwards.



GBPUSD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Dead Cross” (1), Senkou Span B is moving 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 fall down.



GOLD

XAUUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen are still under pressure of “Dead Cross”; all lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is far below the chart, and the price is below the lines. Short‑term forecast: we can expect and resistance of Tenkan-Sen and the price to move downwards.



XAUUSD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Dead Cross” (1); Kijun-Sen is directed downwards, other lines are horizontal. Ichimoku Cloud is going down and widening, 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 resistance of Kijun-Sen and the price to fall down.



 
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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.