Ichimoku cloud analysis and forecast

”Ichimoku Kinko Hyo” translates to “one glance equilibrium chart”. The Ichimoku Kinko Hyo indicator is a technical indicator used in the financial market and an exceptional system of analyzing and predicting, which combines several approaches to monitor price fluctuations and identify important support lines and major trends. One of the main advantages of the Ichimoku indicator for trading is that it provides a full-fledged chart analysis without additional indicators. With the help of signals, you can easily determine which trend the market is in.

For currency trading, Ichimoku should be used on daily and weekly charts. With the correct setting of the Ichimoku indicator and the correct combination with candlestick analysis, traders can make their trading much more effective. In this constantly updated section, RoboForex experts explain how to use the system in real trading operations.

08.05.2024

Ichimoku Cloud Analysis 08.05.2024 (GBPUSD, NZDUSD, USDCHF)

GBPUSD has gained a foothold inside the Ichimoku Cloud; NZDUSD is testing the indicator’s signal lines, USDCHF is rising within a Wedge pattern.
07.05.2024

Ichimoku Cloud Analysis 07.05.2024 (EURUSD, AUDUSD, USDJPY)

EURUSD is rebounding from the support level; AUDUSD is correcting following a rise, USDJPY is testing the Ichimoku signal lines.
02.05.2024

Ichimoku Cloud Analysis 02.05.2024 (EURUSD, XAUUSD, AUDUSD)

EURUSD is rebounding from the resistance level; GOLD is testing the Tenkan-Sen line, AUDUSD has gained a foothold above the upper boundary of the descending channel.
29.04.2024

Ichimoku Cloud Analysis 29.04.2024 (GBPUSD, USDCAD, NZDUSD)

GBPUSD has gained a foothold above the Cloud; USDCAD is rebounding from the Ichimoku signal lines, NZDUSD is testing the upper boundary of the bullish channel.
26.04.2024

Ichimoku Cloud Analysis 26.04.2024 (EURUSD, XAUUSD, AUDUSD)

EURUSD is rebounding from the upper boundary of the descending channel; GOLD is correcting within a Flag pattern, AUDUSD is testing the resistance area.
25.04.2024

Ichimoku Cloud Analysis 25.04.2024 (GBPUSD, USDCAD, USDCHF)

GBPUSD is testing the resistance area; USDCAD is rebounding from the signal lines of the indicator, USDCHF is rising after a breakout of the bearish channel.
24.04.2024

Ichimoku Cloud Analysis 24.04.2024 (EURUSD, XAUUSD, NZDUSD)

EURUSD is rebounding from the resistance level; GOLD is testing the indicator’s signal lines, NZDUSD is squeezed within the forming Wedge reversal pattern.
23.04.2024

Ichimoku Cloud Analysis 23.04.2024 (GBPUSD, BRENT, USDCAD)

GBPUSD is testing the signal lines of the indicator; BRENT is correcting before a decline, USDCAD is rebounding from the support area.