Ichimoku Cloud Analysis 19.03.2013 (GBP/USD, GOLD)
19.03.2013
Analysis for March 19th, 2013
GBP/USD
GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “”Golden Cross” (1); Kijun-Sen and Senkou Span A are directed upwards, other lines are horizontal. Ichimoku Cloud is going up (2), Chinkou Lagging Span is above the chart, and the price is in the channel between Tenkan-Sen and Kijun-Sen, above Kumo Cloud. Short‑term forecast: we can expect the price to move downwards and support of Kijun-Sen.
GBPUSD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Dead Cross” (1); Kijun-Sen and Senkou Span A are directed upwards, other lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is on the chart, and the price is on Tenkan-Sen, inside Kumo Cloud. Short‑term forecast: we can expect support of Senkou Span B.
GOLD
XAUUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen are still under pressure of “Golden Cross”; all lines are horizontal. 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.
XAUUSD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen are very close to each other above Kumo Cloud (1); Kijun-Sen and Senkou Span A are directed upwards, other lines are horizontal. Ichimoku Cloud is going up, Chinkou Lagging Span is on the chart, and the price is on Tenkan-Sen – Kijun‑Sen. Short‑term forecast: we can expect the price to move downwards and support of Senkou Span A.
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