Ichimoku Cloud Analysis 27.09.2012 (GBP/USD, GOLD)

Analysis for September 27^th, 2012

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 went from the red zone into the blue one, Chinkou Lagging Span is on the chart, and the price is inside Kumo Cloud. Short‑term forecast: we can expect resistance of Senkou Span A and the price to fall down.



GBPUSD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1), Tenkan-Sen and Senkou Span  A are moving downwards, Kijun-Sen and Senkou Span B are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is on the chart, and the price is Kumo Cloud, above Tenkan-Sen and Kijun-Sen. Short‑term forecast: we can expect resistance of Senkou Span B and the price to fall down.

GOLD

GOLD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen are under pressure of “Dead Cross” (1), all lines are horizontal. Chinkou Lagging Span is rebounding from the chart downwards, the price is in the channel between Tenkan-Sen and Kijun-Sen, inside Kumo Cloud. Short‑term forecast: we can expect resistance of Senkou Span A and the price to fall down.



GOLD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1), all lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is below the chart, and the price is trying to stay inside the channel between Tenkan-Sen and Kijun‑Sen.  Short‑term forecast: we can expect the price to fall down.