Ichimoku Cloud Analysis 13.04.2012 (GBP/USD, GOLD)

13.04.2012

Analysis for April 13th, 2012

GBP/USD

GBPUSD, Time Frame Н4 – Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud forming “Golden Cross” (1), Tenkan-Sen is directed upwards, and Kijun-Sen is horizontal. Ichimoku Cloud is very narrow and continues down (2), Senkou Span A is moving upwards, and Senkou Span B is horizontal. Chinkou Lagging Span is above the chart, the price is inside Kumo Cloud. In the near term, we can expect support of Senkou Span A and Kijun-Sen, and the price to move upwards.



GBPUSD, Time Frame Н1 – Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud forming “Dead Cross” (1), both lines are directed downwards. Ichimoku Cloud is squeezing and going up (2), Senkou Span A is moving downwards, and Senkou Span B turned upwards. Chinkou Lagging Span is below the chart, the price is inside Kumo Cloud. In the near term, we can expect the price to move downwards and support of Senkou Span B.


GOLD

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



XAUUSD, Time Frame Н1 – Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud forming “Golden Cross” (1), Tenkan-Sen is directed downwards, and Kijun-Sen is horizontal. Ichimoku Cloud is going up again (2), Senkou Spans A and B are horizontal. Chinkou Lagging Span is above the chart, the price is in the channel between Tenkan-Sen and Kijun-Sen, above Kumo Cloud. In the near term, we can expect the price to move downwards inside the channel, and support of Kijun-Sen and Senkou Span A.


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.