Ichimoku Cloud Analysis 09.01.2014 (GBP/USD, GOLD)
09.01.2014
Analysis for January 9th, 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 Kijun-Sen, inside Kumo Cloud. Short‑term forecast: we can expect resistance from D Tenkan-Sen.
GBPUSD, Time Frame H1. Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1). Ichimoku Cloud is going up (2), and the price is on Tenkan-Sen – H4 Kijun-Sen. Short‑term forecast: we can expect support from Kijun-Sen and resistance from H4 Kijun-Sen.
GOLD
XAUUSD, Time Frame H4. Tenkan-Sen and Kijun-Sen intersected and formed “Dead Cross” (1). Ichimoku Cloud is going up (2); Chinkou Lagging Span is on the chart. Short-term forecast: we can expect resistance from Kijun-Sen and support from Senkou Span A.
XAUUSD, Time Frame H1. Tenkan-Sen and Kijun-Sen intersected and formed “Golden Cross” (1). Ichimoku Cloud is going down (2), and the price is on Tenkan-Sen – Kijun-Sen. Short‑term forecast: we can expect resistance from H4 Senkou Spans A and B.
RoboForex Analytical Department
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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 bears no responsibility for trading results based on trading recommendations described in these analytical reviews.