Ichimoku Cloud Analysis 13.03.2013 (GBP/USD, GOLD)
13.03.2013
Analysis for March 13th, 2013
GBP/USD
GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen are under pressure of “Dead Cross” (1); Tenkan-Sen is moving upwards, Kijun-Sen and Senkou Span A are directed downwards, Senkou Span B is horizontal. Ichimoku Cloud is still going down, 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, support of Tenkan-Sen, and the price to grow up towards the cloud.
GBPUSD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1); Senkou Span B is horizontal, other lines are directed upwards. Ichimoku Cloud is going up (2), Chinkou Lagging Span is above the chart, and the price is inside Kumo Cloud. Short‑term forecast: we can expect resistance of Senkou Span B and support of Kijun-Sen.
GOLD
XAUUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1); Senkou Span B is directed downwards, other lines are horizontal. Ichimoku Cloud is almost closed (2), Chinkou Lagging Span is above the chart, and the price is below the lines. Short‑term forecast: we can expect support of Tenkan-Sen - Senkou Span B.
XAUUSD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen are under pressure of “Golden Cross” (1); Tenkan-Sen and Senkou Span A are directed downwards, other lines are horizontal. Ichimoku Cloud is going up, Chinkou Lagging Span is above the chart, and the price is on Tenkan-Sen. Short‑term forecast: we can expect support of Senkou Span A.
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