Ichimoku Cloud Analysis 28.06.2012 (GBP/USD, GOLD)

Analysis for June 28^th, 2012

GBP/USD

GBPUSD, Time Frame H4 – Tenkan-Sen and Kijun-Sen are under pressure of “Dead Cross” (1), both lines are directed downwards. Kumo Cloud is going down (2), Senkou Span A is moving downwards, and Senkou Span B is horizontal. Chinkou Lagging Span is below the chart, the price is below the indicator’s line. In the near term, we can expect resistance of Tenkan-Sen and Senkou Span B, and the price to continue moving falling down.



GBPUSD, Time Frame Н1 – Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud (1), both lines are directed downwards. Kumo Cloud is going down (2), Senkou Spans A and B are also moving downwards. Chinkou Lagging Span is below the chart, the price is below the indicator’s lines. In the near term, we can expect resistance of Tenkan-Sen and Kijun-Sen, and the price to move downwards.

GOLD

XAUUSD, Time Frame H4 – Tenkan-Sen and Kijun-Sen are under pressure of “Dead Cross” (1), Tenkan‑Sen is horizontal, and Kijun-Sen is directed downwards. Ichimoku Cloud is going down (2), Senkou Spans A and B are horizontal. Chinkou Lagging Span is below the chart, the price is below the indicator’s lines. In the near term, we can expect resistance of Tenkan-Sen and the price to move downwards.



XAUUSD, Time Frame Н1 – Tenkan-Sen and Kijun-Sen are very close to each other inside Kumo Cloud and may intersect forming “Dead Cross”, Tenkan‑Sen is directed downwards, and Kijun-Sen is horizontal. Ichimoku Cloud is going down (2), Senkou Span A is moving downwards, and Senkou Span B is horizontal. Chinkou Lagging Span is on the chart, the price is below the indicator’s lines. In the near term, we can expect resistance of Kijun-Sen and Senkou Span A, and the price to continue falling down.