Ichimoku Cloud Analysis 09.04.2013 (GBP/USD, GOLD)
09.04.2013
Analysis for April 9th, 2013
GBP/USD
GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Golden Cross” (1); all lines are horizontal. Ichimoku Cloud is going up (2), 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 support of Tenkan-Sen.
GBPUSD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed ”Dead Cross” (1); Senkou Span B is horizontal, other lines are directed downwards. Ichimoku Cloud is going down (2), Chinkou Lagging Span is below the chart, and the price is inside Kumo Cloud. Short‑term forecast: we can expect the price to fall down inside the cloud.
GOLD
XAUUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1); Kijun-Sen is directed downwards, other lines are horizontal. Ichimoku Cloud is closing (2), Chinkou Lagging Span is below the chart, and the price is on Tenkan-Sen, below Kumo Cloud. Short‑term forecast: we can expect support of Tenkan-Sen and the price to move upwards to reach the cloud.
XAUUSD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen are very close to each other above Kumo Cloud, they may intersect and form “Golden Cross” again (1); all lines are horizontal. Ichimoku Cloud is going up (2), Chinkou Lagging Span is below the chart, and the price is above the lines. Short‑term forecast: we can expect support of Tenkan-Sen and Kijun-Sen.
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