Ichimoku Cloud Analysis 23.08.2013 (GBP/USD, GOLD)
23.08.2013
Analysis for August 23rd, 2013
GBP/USD
GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1); Tenkan-Sen and Senkou Span A are directed downwards. Ichimoku Cloud is going up (2), Chinkou Lagging Span is on the chart, and the price is above Kumo Cloud. Short‑term forecast: we can expect the attempts of the price to enter the cloud and then stay inside it.
GBPUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected and formed “Golden Cross” (1); all lines are horizontal. Ichimoku Cloud is going down (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.
GOLD
XAUUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen are very close to each other above Kumo Cloud (1); 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 Kijun-Sen – Tenkan-Sen.
XAUUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected and formed “Golden Cross” (1); Tenkan-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 on Tenkan-Sen. Short‑term forecast: we can expect support of Kijun-Sen.
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