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.

22.05.2024

Ichimoku Cloud Analysis 22.05.2024 (GBPUSD, XAUUSD, NZDUSD)

GBPUSD is rising within a bullish channel; GOLD is squeezed within a Wedge pattern, NZDUSD is testing the signal lines of the indicator.
21.05.2024

Ichimoku Cloud Analysis 21.05.2024 (EURUSD, USDJPY, XAGUSD)

EURUSD is squeezed within a Triangle pattern; USDJPY is rebounding from the resistance level, XAGUSD is testing the signal lines of the indicator.
20.05.2024

Ichimoku Cloud Analysis 20.05.2024 (GBPUSD, XAUUSD, AUDUSD)

GBPUSD is testing the resistance area; GOLD has gained a foothold above the upper boundary of the bullish channel, AUDUSD is correcting ahead of a rise.
17.05.2024

Ichimoku Cloud Analysis 17.05.2024 (EURUSD, USDCHF, NZDUSD)

EURUSD has found a foothold below the Tenkan-Sen line; USDCHF is testing the Cloud’s boundary, NZDUSD is rising within a bullish channel.
16.05.2024

Ichimoku Cloud Analysis 16.05.2024 (GBPUSD, USDJPY, USDCAD)

GBPUSD is rebounding from the upper boundary of the bullish channel; USDJPY is correcting after an aggressive decline, USDCAD is testing the indicator’s signal lines.
15.05.2024

Ichimoku Cloud Analysis 15.05.2024 (EURUSD, XAUUSD, NZDUSD)

EURUSD has gained a foothold above the resistance level; GOLD is testing the upper boundary of the descending channel, NZDUSD is rising while completing a Triangle pattern.
14.05.2024

Ichimoku Cloud Analysis 14.05.2024 (GBPUSD, USDCAD, AUDUSD)

GBPUSD has gained a foothold above the Ichimoku Cloud; USDCAD is correcting before a decline, AUDUSD is testing the indicator’s signal lines.
13.05.2024

Ichimoku Cloud Analysis 13.05.2024 (EURUSD, XAUUSD, NZDUSD)

EURUSD is correcting before a rise; GOLD is testing the signal lines of the indicator, NZDUSD is squeezed within the Triangle pattern.