Ichimoku Cloud Analysis 02.09.2013 (GBP/USD, GOLD)

Analysis for September 2^nd, 2013

GBP/USD

GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1); Tenkan-Sen and Senkou Span A are directed upwards, other lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is on the chart, and the price is near the cloud’s lower border. Short‑term forecast: we can expect support of D Tenkan-Sen and resistance of Senkou Span A.



GBPUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud 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 above the lines. Short‑term forecast: we can expect support of Tenkan‑Sen and the price to move upwards.

GOLD

XAUUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1); Tenkan-Sen is directed downwards, other lines are horizontal. Ichimoku Cloud is going up, Chinkou Lagging Span is on the chart, and the price is in the channel between Tenkan-Sen and Kijun-Sen, above Kumo Cloud. Short‑term forecast: we can expect support of Tenkan-Sen – D Tenkan-Sen and resistance of Kijun-Sen.



XAUUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1); Tenkan-Sen and Senkou Span A are directed upwards, other lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is below the chart, and the price is on Tenkan-Sen. Short‑term forecast: we can expect support of Tenkan-Sen – H4 Tenkan-Sen, and the price to grow up towards Senkou Span A – H4 Kijun-Sen.



 
RoboForex Analytical Department