Ichimoku Cloud Analysis 26.08.2013 (GBP/USD, GOLD)
26.08.2013
Analysis for August 26th, 2013
GBP/USD
GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1); all lines are horizontal. Ichimoku Cloud is going up (2), but very narrow, Chinkou Lagging Span is below the chart, and the price is inside Kumo Cloud. Short‑term forecast: we can expect the price to continue moving inside the cloud.
GBPUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Dead Cross” (1); all lines are horizontal. Ichimoku Cloud is going down (2); Chinkou Lagging Span is on the chart, and the price is below Kumo Cloud. Short‑term forecast: we can expect resistance of Kijun‑Sen – Senkou Span A.
GOLD
XAUUSD, 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 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 B are directed upwards, other lines are horizontal. Ichimoku Cloud is going up (2), ChinkouLagging Span is above the chart, and the price is in the channel between Tenkan-Sen and Kijun-Sen. Short‑term forecast: we can expect resistance of Tenkan-Sen and support of Kijun-Sen – Senkou Span A.
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