Ichimoku Cloud Analysis 27.11.2013 (GBP/USD, GOLD)

Article By RoboForex.com

Analysis for November 27th, 2013

GBP/USD

GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Golden Cross” (1); Senkou Span B is directed upwards, other lines are horizontal. Ichimoku Cloud is going up (2), Chinkou Lagging Span is above the chart, and the price is above the lines. Short‑term forecast: we can expect support from Tenkan-Sen and price to grow up.

GBPUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Golden Cross” (1); all lines are horizontal. 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 from Tenkan-Sen and growth of price.

GOLD

XAUUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1); Senkou Span B is directed downwards, other lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is on the chart, and the price is inside Tenkan-Sen – Kijun‑Sen channel.  Short‑term forecast: we can expect support from Kijun-Sen and attempts of price to stay above Kumo.

XAUUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1), they are very close to each other inside Kumo Cloud again; Tenkan-Sen and Senkou Span A are directed upwards, Kijun-Sen is moving downwards, Senkou Span B is horizontal. Ichimoku Cloud is going up (2), Chinkou Lagging Span is below the chart, and the price is on Senkou Span A. Short‑term forecast: we can expect attempts of price to stay above Kumo.

RoboForex Analytical Department

Article By RoboForex.com

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