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.

25.11.2011

Ichimoku Cloud Analysis 25.11.2011 (GBP/USD, GOLD)

GBPUSD, Time Frame Н4 – Tenkan-Sen and Kijun-Sen are still under pressure of “Dead Cross”, Tenkan Sen is horizontal, and Kijun-Sen is directed downwards. Ichimoku Cloud keeps going down (2), Senkou Spans A and B are directed downwards. Chinkou Lagging Span is below the chart and is away from it, the price is below the indicator’s lines. In the near term, we can expect the attempts of the price to stay inside the channel between Tenkan-Sen and Kijun-Sen.
24.11.2011

Ichimoku Cloud Analysis 24.11.2011 (GBP/USD, GOLD)

GBPUSD, Time Frame Н4 – Tenkan-Sen and Kijun-Sen are still under pressure of “Dead Cross”, Tenkan-Sen is directed downwards, and Kijun-Sen is horizontal. Ichimoku Cloud keeps going down, Senkou Span A is directed downwards, and Senkou Span B is horizontal. Chinkou Lagging Span is below the chart, the price is below the indicator’s lines. In the near term, we can expect the price to fall down and attempt to stay inside the channel between Tenkan-Sen and Kijun-Sen.
23.11.2011

Ichimoku Cloud Analysis 23.11.2011 (GBP/USD, GOLD)

GBPUSD, Time Frame Н4 – Tenkan-Sen and Kijun-Sen are still under pressure of “Dead Cross” (1), both lines are directed downwards. Ichimoku Cloud keeps going down (2), Senkou Spans A and B are directed downwards. Chinkou Lagging Span is below the chart, the price is below the indicator’s lines. In the near term, we can expect resistance of Tenkan-Sen and attempts of the price to stay inside the channel between Tenkan-Sen and Kijun-Sen.
22.11.2011

Ichimoku Cloud Analysis 22.11.2011 (GBP/USD, GOLD)

GBPUSD, Time Frame Н4 – Tenkan-Sen and Kijun-Sen are still under pressure of “Dead Cross” (1), both lines are directed downwards. Ichimoku Cloud keeps going down (2), Senkou Span A turned downwards, and Senkou Span B is horizontal. Chinkou Lagging Span is below the chart, the price is below the indicator’s lines. In the near term, we can expect resistance of Tenkan-Sen and attempts of the price to move upwards to reach the cloud.
21.11.2011

Ichimoku Cloud Analysis 17.10.2011 (GBP/USD, USD/CAD)

GBPUSD, Time Frame Н4 – Tenkan-Sen and Kijun-Sen are still under pressure of “Dead Cross” (1), both lines are directed downwards and moving towards each other. Ichimoku Cloud keeps going down (2), Senkou Span A turned downwards, and Senkou Span B is horizontal. Chinkou Lagging Span is below the chart, the price is below the indicator’s lines. In the near term, we can expect resistance of Tenkan-Sen and the price to continue moving downwards.
18.11.2011

Ichimoku Cloud Analysis 18.11.2011 (GBP/USD, GOLD)

GBPUSD, Time Frame Н4 – Tenkan-Sen and Kijun-Sen are still under pressure of “Dead Cross” (1), but Tenkan-Sen turned upwards, and Kijun-Sen is horizontal. Ichimoku Cloud keeps going down (2), Senkou Spans A and B are also horizontal. Chinkou Lagging Span is below the chart and is away from it, and the price is in the channel between Tenkan-Sen and Kijun-Sen. In the near term, we can expect support of Tenkan-Sen and the price to move upwards inside the channel between Tenkan-Sen and Kijun-Sen.
17.11.2011

Ichimoku Cloud Analysis 17.11.2011 (GBP/USD, GOLD)

GBPUSD, Time Frame Н4 – Tenkan-Sen and Kijun-Sen are still under pressure of “Dead Cross” (1), Tenkan-Sen is directed downwards, and Kijun-Sen is horizontal. Ichimoku Cloud keeps going down (2), Senkou Span A is directed downwards, and Senkou Span B is horizontal. Chinkou Lagging Span is below the chart and is away from it, and the price is below the indicator’s lines. In the near term, we can expect resistance of Tenkan-Sen and the price to try to stay inside the channel between Tenkan-Sen and Kijun-Sen.
16.11.2011

Ichimoku Cloud Analysis 16.11.2011 (GBP/USD, GOLD)

GBPUSD, Time Frame Н4 – Tenkan-Sen and Kijun-Sen are still under pressure of “Dead Cross” (1), both lines are directed downwards. Ichimoku Cloud keeps going down (2), Senkou Spans A and B are also directed downwards. Chinkou Lagging Span is below the chart, the price is below the indicator’s lines. In the near term, we can expect resistance of Tenkan-Sen and the price to continue falling down.