Ichimoku Cloud Analysis 20.12.2012 (GBP/USD, GOLD)
20.12.2012
Analysis for December 20th, 2012
GBP/USD
GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected near the cloud’s upper border and formed “Golden Cross” (1); all lines are horizontal now. Ichimoku Cloud is going up (2), Chinkou Lagging Span is far above the chart, and the price is in the channel between Tenkan‑Sen and Kijun‑Sen. Short‑term forecast: we can expect resistance of Tenkan-Sen and the price to move downwards inside the channel.
GBPUSD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1); Kijun-Sen is directed downwards, all other lines are horizontal. Ichimoku Cloud is going up (2), Chinkou Lagging Span is below the chart, and the price is in the channel between Tenkan‑Sen and Kijun‑Sen, near the cloud’s upper border. Short‑term forecast: we can expect support of Tenkan-Sen, resistance of Senkou Span A, and the price to fall down.
GOLD
GOLD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Dead Cross” (1); Kijun-Sen and Senkou Span B are horizontal, Tenkan-Sen and Senkou Span A are directed downwards. Ichimoku Cloud is going down (2), Chinkou Lagging Span is far below the chart, and the price is on Tenkan-Sen. Short‑term forecast: we can expect resistance of Tenkan-Sen and the price to fall down.
GOLD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected again below Kumo Cloud and formed “Dead Cross” (1); Tenkan-Sen and Senkou Span B are directed upwards, all other lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is below the chart, and the price is on Kijun‑Sen. Short‑term forecast: we can expect support of Tenkan-Sen, resistance of Senkou Span A, and the price to move downwards.
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