Ichimoku Cloud Analysis 11.09.2012 (GBP/USD, GOLD)

Analysis for September 11^th, 2012

GBP/USD

GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen are under pressure of “Golden Cross” (1), Tenkan-Sen is directed upwards, and Kijun-Sen is horizontal. Ichimoku Cloud is going up (2), Senkou Span A is also horizontal, and Senkou Span B is moving upwards again. Chinkou Lagging Span is away from the chart, the price is above the indicator’s lines. Short‑term forecast: we can expect support of Tenkan-Sen and the price to fall down towards the cloud.



GBPUSD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Golden Cross” (1), both lines are directed upwards. Ichimoku Cloud is going up, Senkou Span A is also moving upwards, and Senkou Span B is horizontal. Chinkou Lagging Span is rebounding from the chart upwards, the price is above the indicator’s lines. Short‑term forecast: we can expect support of Tenkan-Sen, the price to grow up and then try to move towards the cloud.

GOLD

GOLD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen are under pressure of “Golden Cross” (1), but the lines are very close to each other and both are horizontal. Ichimoku Cloud is going up (2), Senkou Spans A and B are also horizontal. Chinkou Lagging Span is away from the chart, the price is in on Tenkan-Sen. Short‑term forecast: we can expect support of Tenkan-Sen and the price to grow up.



GOLD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Golden Cross” (1), Tenkan-Sen is directed upwards, and Kijun-Sen is horizontal. Ichimoku Cloud is going up (2), Senkou Span A is moving upwards, and Senkou Span B is also horizontal. Chinkou Lagging Span is on the chart, the price is above the indicator’s lines. Short‑term forecast: we can expect support of Tenkan-Sen and Kijun-Sen, and the price to grow up.