Analysis for January 25th, 2013

GBP/USD

GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen are under pressure of “Dead Cross”; Kijun-Sen and Senkou Span A are directed downwards, other lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is moving towards the chart from below, and the price is on Tenkan-Sen.
Short‑term forecast: we can expect the price to move inside the channel, and resistance of Kijun-Sen.

GBPUSD

GBPUSD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Dead Cross” (1); Kijun-Sen and Senkou Span A are directed downwards, Tenkan-Sen and Senkou Span B are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is close to the chart, and the price is above Tenkan-Sen and Kijun-Sen, below Kumo Cloud. Short‑term forecast: we can expect support of Kijun-Sen and resistance of Senkou Span B.

GBPUSD


GOLD

GOLD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1); Tenkan-Sen and Senkou Span A are directed downwards, other lines are horizontal. Ichimoku Cloud is going up (2) and very narrow, Chinkou Lagging Span is below the chart, and the price is below Tenkan‑Sen and Kijun-Sen, inside Kumo Cloud. Short‑term forecast: we can expect resistance of Tenkan-Sen and the price to leave the cloud downwards.

Gold

GOLD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen are under pressure of “Dead Cross” (1); Kijun-Sen is directed downwards, other lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is below the chart, and the price is in the channel between Tenkan‑Sen and Kijun-Sen.
Short‑term forecast: we can expect resistance of Senkou Span A and the price to fall down.

Gold