Ichimoku Cloud Analysis 24.12.2013 (GBP/USD, GOLD)
24.12.2013
Analysis for December 24th, 2013
GBP/USD
GBPUSD, Time Frame H4. Tenkan-Sen and Kijun-Sen are close to each other inside Kumo Cloud; Tenkan-Sen is directed downwards; D Tenkan-Sen and Senkou Span B are resistance levels. Ichimoku Cloud is closed (2), price is inside Tenkan-Sen – Kijun-Sen channel. Short‑term forecast is bearish.
GBPUSD, Time Frame H1. Tenkan-Sen and Kijun-Sen intersected and formed “Dead Cross” (1); Senkou Span A is directed downwards. Ichimoku Cloud is gong down (2). Short‑term forecast: we can expect decline of the price up to D Kijun-Sen.
GOLD
XAUUSD, Time Frame H4. Tenkan-Sen and Kijun-Sen intersected and formed “Dead Cross”. Senkou Span B is directed downwards. Ichimoku Cloud is going down (2), and price is on Tenkan-Sen. Short‑term forecast is bearish.
XAUUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected and formed “Dead Cross” (1). Ichimoku Cloud is closed (2), Chinkou Lagging Span is on the chart. Short‑term forecast: we can expect descending movement of the price.
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.