Ichimoku Cloud Analysis 27.02.2012 (GBP/USD, GOLD)

27.02.2012

Analysis for February 27th, 2012

GBP/USD

GBPUSD, Time Frame Н4 – Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud forming “Golden Cross” (1), Tenkan-Sen is directed upwards, and Kijun-Sen is horizontal. Ichimoku Cloud is going up (2), Senkou Span A turned upwards, and Senkou Span B is horizontal. Chinkou Lagging Span is on the chart, the price is above the indicator’s lines. In the near term, we can expect the price to fall down towards support of Tenkan-Sen.



GBPUSD, Time Frame Н1 – Tenkan-Sen and Kijun-Sen are under pressure of “Golden Cross” (1), Tenkan‑Sen is directed downwards, and Kijun-Sen is moving upwards. Ichimoku Cloud is going up (2), Senkou Span A is moving upwards, and Senkou Span B is horizontal. Chinkou Lagging Span is above the chart and moving towards it, the price is in the channel between Tenkan-Sen and Kijun‑Sen. In the near term, we can expect support of Kijun-Sen, resistance of Tenkan-Sen, and the price to fall down towards the cloud’s lower border.


GOLD

XAUUSD, Time Frame Н4 – Tenkan-Sen and Kijun-Sen are under pressure of “Golden Cross” (1), Tenkan‑Sen is directed downwards, and Kijun-Sen turned upwards. Ichimoku Cloud is going up (2), Senkou Span A is moving downwards, and Senkou Span B is also horizontal. Chinkou Lagging Span is above the chart and away from it, the price is in the channel between Tenkan-Sen and Kijun‑Sen. In the near term, we can expect the price to move downwards inside the channel between Tenkan-Sen and Kijun‑Sen.



XAUUSD, Time Frame Н1 – Tenkan-Sen and Kijun-Sen are under pressure of “Dead Cross” (1), both lines are directed downwards. Kumo Cloud is going down (2), Senkou Spans A and B are also directed downwards. Chinkou Lagging Span rebounded from the chart in a downwards direction, the price is trying to stay below Kumo Cloud. In the near term, we can expect resistance of Senkou Span B and the price to fall down.


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.