Forex 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 forex 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 forex 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 Forex 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.


Ichimoku Cloud Analysis 17.09.2021 (EURUSD, USDCAD, GBPUSD)

EURUSD has fixed below the rising channel; USDCAD is about to break a Triangle pattern, while GBPUSD is testing the cloud’s downside border.

Ichimoku Cloud Analysis 16.09.2021 (USDCHF, AUDUSD, USDJPY)

USDCHF is rebounding from the cloud; AUDUSD is testing the resistance level, while USDJPY is falling within the bearish channel.

Ichimoku Cloud Analysis 15.09.2021 (EURUSD, USDJPY, USDCAD)

EURUSD is testing Tenkan-Sen and Kijun-Sen; USDJPY is about to resume falling, while USDCAD is rebounding from the upside border of a Triangle pattern.

Ichimoku Cloud Analysis 14.09.2021 (AUDUSD, BRENT, USDCHF)

AUDUSD is about to resume falling; Brent is rebounding from the descending channel’s upside border, while USDCHF is testing the resistance level.

Ichimoku Cloud Analysis 13.09.2021 (EURUSD, NZDUSD, CADJPY)

EURUSD is testing the rising channel’s downside border; NZDUSD is correcting within a reversal pattern, while CADJPY is rebounding from Tenkan-Sen and Kijun-Sen.

Ichimoku Cloud Analysis 10.09.2021 (EURGBP, AUDUSD, USDCAD)

EURGBP is about to resume falling; AUDUSD is rebounding from Tenkan-Sen and Kijun-Sen, while USDCAD is testing the support level.

Ichimoku Cloud Analysis 09.09.2021 (EURUSD, XAUUSD, USDCHF)

EURUSD is rebounding from the support level; XAUUSD is testing Tenkan-Sen and Kijun-Sen, while USDCHF is correcting before further growth.

Ichimoku Cloud Analysis 08.09.2021 (USDCAD, USDJPY, EURGBP)

USDCAD is rebounding from the bearish channel’s upside border; USDJPY is getting ready for a Triangle pattern materialization, while EURGBP is growing within the rising channel.