Ichimoku Cloud Analysis 02.10.2013 (GBP/USD, GOLD)
02.10.2013
Analysis for October 2nd, 2013
GBP/USD
GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Golden Cross” (1); Tenkan-Sen is horizontal, other lines are directed upwards. Ichimoku Cloud is going up (2), Chinkou Lagging Span is above the chart, and the price is on Tenkan-Sen. Short‑term forecast: we can expect support of Tenkan-Sen and the price to move upwards.
GBPUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1); Tenkan-Sen is directed upwards, Kijun-Sen is moving downwards, other lines are horizontal. Ichimoku Cloud is almost closed; Chinkou Lagging Span is on the chart, and the price is on Kijun-Sen. Short‑term forecast: we can expect support of Kijun-Sen – Senkou Span B, and the price to move upwards.
GOLD
XAUUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Dead Cross” (1); all lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is below the chart, and the price is below the lines. Short‑term forecast: we can expect the price to grow up towards Tenkan-Sen.
XAUUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Dead Cross” (1); Tenkan-Sen and Senkou Span A are directed upwards, Kijun-Sen and Senkou Span B are moving downwards. Ichimoku Cloud is going down (2), Chinkou Lagging Span is close to the chart, and the price is in the channel between Tenkan-Sen Kijun-Sen. Short‑term forecast: we can expect support of Tenkan-Sen and the price to grow up towards the cloud.
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