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.

22.02.2024

Ichimoku Cloud Analysis 22.02.2024 (EURUSD, USDJPY, AUDUSD)

EURUSD has found a foothold above the resistance line; USDJPY is rebounding from the upper boundary of the descending channel, AUDUSD is testing the signal lines of the indicator.
21.02.2024

Ichimoku Cloud Analysis 21.02.2024 (GBPUSD, XAUUSD, USDCAD)

GBPUSD is rebounding from the signal lines of the indicator; GOLD has found a foothold above the upper boundary of the Cloud, USDCAD is rising within a bullish channel.
20.02.2024

Ichimoku Cloud Analysis 20.02.2024 (EURUSD, NZDUSD, USDJPY)

EURUSD is testing the upper boundary of the descending channel; NZDUSD is rebounding from the resistance level, USDJPY is squeezed within a Triangle pattern.
19.02.2024

Ichimoku Cloud Analysis 19.02.2024 (GBPUSD, USDCHF, USDCAD)

GBPUSD is correcting before a decline; USDCHF is rebounding from the lower boundary of the bullish channel, USDCAD has found a foothold under the signal lines of the indicator.
16.02.2024

Ichimoku Cloud Analysis 16.02.2024 (EURUSD, NZDUSD, USDJPY)

EURUSD is correcting within a bearish channel; NZDUSD is rising after a rebound from the support level, USDJPY is pushing off the signal lines of the indicator.
15.02.2024

Ichimoku Cloud Analysis 15.02.2024 (USDCHF, AUDUSD, USDCAD)

USDCHF is rising within a bullish channel; AUDUSD is testing the signal lines of the indicator, USDCAD is rebounding from the support level.
14.02.2024

Ichimoku Cloud Analysis 14.02.2024 (GBPUSD, AUDUSD, USDJPY)

GBPUSD is rebounding from the support level; AUDUSD is testing the boundary of the descending channel, USDJPY has found a foothold above the Tenkan-Sen line.
13.02.2024

Ichimoku Cloud Analysis 13.02.2024 (EURUSD, BRENT, AUDUSD)

EURUSD is testing the lower boundary of the correction channel; BRENT is correcting before a rise, AUDUSD has rebounded from the resistance level.