Ichimoku Cloud Analysis 09.10.2013 (GBP/USD, GOLD)
09.10.2013
Analysis for October 9th, 2013
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 moving downwards. 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 move downwards.
GBPUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Dead Cross” (1); Kijun-Sen is horizontal, other lines are moving downwards. 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 move downwards.
GOLD
XAUUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1); Kijun-Sen is directed upwards, other lines are moving downwards. Ichimoku Cloud is closed (2), Chinkou Lagging Span is above the chart, and the price is on Kijun-Sen. Short‑term forecast: we can expect resistance of Tenkan-Sen – Kijun-Sen, and the price to fall down.
XAUUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1); all lines are directed downwards. Ichimoku Cloud is going down (2), Chinkou Lagging Span is below the chart, and the price is on Tenkan-Sen. Short‑term forecast: we can expect the price to return to the cloud’s broken border.
RoboForex Analytical Department
Attention!
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.