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 05.03.2021 (XAUUSD, USDCHF, GBPUSD)

XAUUSD is testing the resistance area; USDCHF is rebounding from Tenkan-Sen and Kijun-Sen, while GBPUSD is correcting within the reversal pattern.

Ichimoku Cloud Analysis 04.03.2021 (USDJPY, USDPLN, EURJPY)

USDJPY is about to test the channel’s broken border; USDPLN is growing within the rising channel, while EURJPY is rebounding from the cloud’s upside border.

Ichimoku Cloud Analysis 03.03.2021 (LTCUSD, EURUSD, NZDUSD)

LTCUSD is getting ready for a reversal pattern materialization; EURUSD is correcting before further decline, while NZDUSD is rebounding from the cloud’s downside border.

Ichimoku Cloud Analysis 02.03.2021 (EURUSD, NZDUSD, USDCHF)

EURUSD is testing the support area; NZDUSD is about to break a Triangle pattern, while USDCHF is growing within the rising channel.

Ichimoku Cloud Analysis 01.03.2021 (EURUSD, EURJPY, USDCAD)

EURUSD is rebounding from the cloud’s downside border; EURJPY is growing within the rising channel, while USDCAD is correcting before resuming its growth.

Ichimoku Cloud Analysis 26.02.2021 (USDCAD, CADJPY, USDCHF)

USDCAD is rebounding from the descending channel’s upside border; CADJPY is testing Tenkan-Sen and Kijun-Sen, while USDCHF is about to resume growing.

Ichimoku Cloud Analysis 25.02.2021 (XAUUSD, EURJPY, USDPLN)

XAUUSD is falling within the descending channel; EURJPY is boosting the current trend, while USDPLN is correcting before a strong decline.

Ichimoku Cloud Analysis 24.02.2021 (NZDUSD, USDJPY, USDRUB)

NZDUSD is growing within the rising channel; USDJPY is correcting and forming a Head & Shoulders pattern, while USDRUB is about to break an important support area.