Analysis for June 12th, 2014

GBP USD, “Great Britain Pound vs US Dollar”

GBP USD, Time Frame H4. Tenkan-Sen and Kijun-Sen are close to each other inside Kumo, they may intersect and form “Golden Cross” (1); all lines except Kijun-Sen are directed upwards. Ichimoku Cloud is going up (2), Chinkou Lagging Span is above the chart, and the price is inside Kumo, on D Senkou Span A. Short‑term forecast: we can expect the price to return to Kumo’s broken border.

GBPUSD

GBP USD, Time Frame H1. Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross”, all lines are directed upwards. Ichimoku Cloud is going up, and Chinkou Lagging Span is far above the chart. Short‑term forecast: we can expect decline of the price.

GBPUSD


XAU USD, “Gold vs US Dollar”

XAU USD, Time Frame H4. Tenkan-Sen and Kijun-Sen formed “Golden Cross” below Kumo (1). Ichimoku Cloud is going up (2), Chinkou Lagging Span is above the chart, and the price is inside Kumo. Short-term forecast: we can expect growth of the price up to D Kijun-Sen.

Gold

XAU USD, Time Frame H1. Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1). Ichimoku Cloud is going up (2), and Chinkou Lagging Span is on the chart. Short‑term forecast: we can expect resistance from Kijun-Sen, and decline of the price towards support from Senkou Span B.

Gold

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