Ichimoku Cloud Analysis 27.08.2013 (GBP/USD, GOLD)
27.08.2013
Analysis for August 27th, 2013
GBP/USD
GBPUSD, Time Frame H4 – 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 almost closed, 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.
GBPUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Dead Cross” (1); Tenkan-Sen is directed downwards, other lines are horizontal. Ichimoku Cloud is going down (2); Chinkou Lagging Span is below the chart, and the price is below the lines. Short‑term forecast: we can expect resistance of Tenkan‑Sen and the price to move downwards.
GOLD
XAUUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Golden Cross” (1); all lines are directed upwards. Ichimoku Cloud is going up, Chinkou Lagging Span is above the chart, and the price is above the lines. Short‑term forecast: we can expect support of Tenkan-Sen and the price to move upwards.
XAUUSD, Time Frame H1 – 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 Tenkan-Sen.
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