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Ichimoku Cloud Analysis 21.12.2012 (GBP/USD, GOLD)

21.12.2012

Analysis for December 21st, 2012

GBP/USD

GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected near the cloud’s upper border and formed “Golden Cross” (1); all lines are horizontal now. Ichimoku Cloud is going up (2), Chinkou Lagging Span is far 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 the price to move downwards inside the channel.



GBPUSD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected near the cloud’s upper border and formed “Dead Cross” (1); Tenkan-Sen and Senkou Span A are directed downwards, all 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 resistance of Tenkan-Sen and Senkou Span B, and the price to fall down.



GOLD

GOLD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Dead Cross” (1); all lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is far below the chart, and the price is below the lines. Short‑term forecast: we can expect resistance of Tenkan-Sen and the price to fall down.



GOLD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected again below Kumo Cloud and formed “Dead Cross” (1); Tenkan-Sen and Senkou Span A are directed upwards, all other lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is below the chart, and the price is in the channel between Tenkan‑Sen and Kijun‑Sen. Short‑term forecast: we can expect resistance of Kijun-Sen and the price to move downwards.



 
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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.