Ichimoku Cloud Analysis 08.01.2014 (GBP/USD, GOLD)

Analysis for January 8^th, 2014

GBP/USD

GBPUSD, Time Frame H4. Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1). Ichimoku Cloud is going down (2); the price is on Tenkan-Sen, inside Kumo Cloud. Short‑term forecast: we can expect support from Tenkan-Sen – Senkou Span B, and resistance from Kijun-Sen – D Tenkan-Sen.



GBPUSD, Time Frame H1. Tenkan-Sen and Kijun-Sen intersected and formed “Dead Cross” (1). Ichimoku Cloud is going up (2), and the price is above the lines. Short‑term forecast: we can expect support from Tenkan-Sen – Senkou Span B, and growth of the price.

GOLD

XAUUSD, Time Frame H4. Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1); Kijun-Sen and Senkou Span A are directed upwards. Ichimoku Cloud is going up (2). Short-term forecast: we can expect support from Senkou Span A and growth of the price.



XAUUSD, Time Frame H1. Tenkan-Sen and Kijun-Sen intersected and formed “Dead Cross” (1); Senkou Span B is horizontal, other lines are directed downwards. Ichimoku Cloud is going down (2), and the price is on Tenkan-Sen. Short‑term forecast: we can expect support from H4 Senkou Span B.



 
RoboForex Analytical Department