Forex Ichimoku cloud analysis and forecast

An exceptional system of analyzing and predicting the currency market behavior, which combines several approaches to monitor price fluctuations and identify important support line and major trends. ”Ichimoku Kinko Hyo” translates to “one glance equilibrium chart”. In this constantly updated section, RoboForex experts explain how to use the system in real trading operations.


Ichimoku Cloud Analysis 18.09.2020 (BRENT, CADJPY, GBPUSD)

BRENT is about to resume growing; CADJPY is falling within the descending channel, while GBPUSD is correcting inside the cloud.

Ichimoku Cloud Analysis 17.09.2020 (EURUSD, BTCUSD, USDCAD)

EURUSD is rebounding from Tenkan-Sen and Kijun-Sen; BTCUSD is growing within the rising channel, while USDCAD is about to resume moving upwards.

Ichimoku Cloud Analysis 16.09.2020 (EURGBP, USDJPY, CADCHF)

EURGBP is growing within a 5-0 bullish pattern; USDJPY is rebounding from Tenkan-Sen and Kijun-Sen, while CADCHF is about to break a Triangle pattern.

Ichimoku Cloud Analysis 15.09.2020 (USDJPY, USDCHF, XAUUSD)

USDJPY is rebounding from Tenkan-Sen and Kijun-Sen; USDCHF is about to break the downside border of a Triangle pattern, while XAUUSD is growing within the rising channel.

Ichimoku Cloud Analysis 14.09.2020 (BRENT, GBPUSD, NZDUSD)

BRENT is correcting within a Triangle pattern; GBPUSD is rebounding from Tenkan-Sen and Kijun-Sen, while NZDUSD is about to resume growing.

Ichimoku Cloud Analysis 11.09.2020 (GBPUSD, AUDUSD, USDCAD)

GBPUSD is declining inside a descending channel; AUDUSD is correcting in a Head and Shoulders pattern, USDCAD is testing the signal lines of the indicator.

Ichimoku Cloud Analysis 10.09.2020 (ETHUSD, NZDUSD, USDJPY)

ETHUSD growing inside an ascending channel; NZDUSD pushing off the upper border of a descending channel, USDJPY correcting in a reversal pattern.

Ichimoku Cloud Analysis 09.09.2020 (USDJPY, BRENT, GBPUSD)

USDJPY declining in a descending channel; BRENT pushing off the signal lines of the indicator, GBPUSD preparing for further falling.