Ichimoku Cloud Analysis 12.12.2013 (GBP/USD, GOLD)
12.12.2013
Analysis for December 12th, 2013
GBP/USD
GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by strong “Golden Cross” (1); Senkou Span B is a support level, other lines are horizontal. Ichimoku Cloud is going up (2) but very narrow, Chinkou Lagging Span is on the chart, and price is inside Tenkan-Sen – Kijun-Sen channel, above Kumo Cloud. Short‑term forecast: we can expect growth of the price.
GBPUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1); Tenkan-Sen and Senkou Span A are directed upwards, Kijun-Sen is moving downwards, Senkou Span B is horizontal. Ichimoku Cloud is going down (2); Chinkou Lagging Span is close to the chart, and price is below Kumo. Short‑term forecast: we can expect resistance from Senkou Span A.
GOLD
XAUUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1); Tenkan-Sen and Senkou Span A are directed downwards, other lines are horizontal. Ichimoku Cloud is going up (2), Chinkou Lagging Span is above the chart, and the price is inside Tenkan-Sen – Kijun-Sen channel. Short‑term forecast: we can expect price to fall down inside the channel.
XAUUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1); Tenkan-Sen is directed upwards, other lines are horizontal. Ichimoku Cloud is almost closed (2), Chinkou Lagging Span is on the chart, and price is inside Tenkan-Sen – Kijun-Sen channel, inside Kumo Cloud. Short‑term forecast: we can expect support from Tenkan-Sen and attempts to move downwards through Kumo.
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