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.

28.03.2024

Ichimoku Cloud Analysis 28.03.2024 (GBPUSD, XAUUSD, NZDUSD)

GBPUSD is rebounding from the signal lines of the indicator; GOLD is testing the resistance area, NZDUSD is declining within a bearish channel.
27.03.2024

Ichimoku Cloud Analysis 27.03.2024 (EURUSD, USDJPY, USDCAD)

EURUSD is declining within a bearish channel; USDJPY is on the rise while forming the Triangle pattern, USDCAD is rebounding from the resistance level.
26.03.2024

Ichimoku Cloud Analysis 26.03.2024 (GBPUSD, USDCHF, NZDUSD)

GBPUSD is correcting after a decline; USDCHF is rising within a bullish channel, NZDUSD is testing the Ichimoku signal lines.
25.03.2024

Ichimoku Cloud Analysis 25.03.2024 (EURUSD, XAUUSD, USDJPY)

EURUSD is rebounding from the support level; GOLD is correcting within a bullish channel, USDJPY is testing the signal lines of the indicator.
22.03.2024

Ichimoku Cloud Analysis 22.03.2024 (GBPUSD, AUDUSD, USDCHF)

GBPUSD is preparing to break the support level; AUDUSD has reached the lower boundary of the Triangle pattern, USDCHF is rising within a bullish channel.
21.03.2024

Ichimoku Cloud Analysis 21.03.2024 (NZDUSD, XAUUSD, USDJPY)

NZDUSD has gained a foothold above the Kijun-Sen line; GOLD is testing the Ichimoku signal lines, USDJPY is rebounding from the support level.
20.03.2024

Ichimoku Cloud Analysis 20.03.2024 (EURUSD, XAUUSD, AUDUSD)

EURUSD is correcting following a decline; GOLD is testing the Ichimoku signal lines, AUDUSD has rebounded from the support level.
19.03.2024

Ichimoku Cloud Analysis 19.03.2024 (GBPUSD, BRENT, NZDUSD)

GBPUSD is declining following a breakout of the channel’s lower boundary; BRENT is rising within bullish momentum, NZDUSD has gained a foothold below the support level.