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.

18.03.2024

Ichimoku Cloud Analysis 18.03.2024 (EURUSD, USDCAD, XAUUSD)

EURUSD is testing the lower boundary of the bullish channel; USDCAD is correcting before a rise, GOLD is rebounding from the support level.
15.03.2024

Ichimoku Cloud Analysis 15.03.2024 (GBPUSD, USDJPY, NZDUSD)

GBPUSD is rebounding from the support level; USDJPY is correcting before a decline, NZDUSD has exited a bullish channel.
14.03.2024

Ichimoku Cloud Analysis 14.03.2024 (EURUSD, USDCAD, AUDUSD)

EURUSD has rebounded from the resistance level; USDCAD is testing the Ichimoku signal lines, AUDUSD is rebounding from the channel’s upper boundary.
13.03.2024

Ichimoku Cloud Analysis 13.03.2024 (GBPUSD, USDJPY, USDCHF)

GBPUSD is correcting before a rise; USDJPY is declining within a descending channel, USDCHF is rebounding from the signal line of the indicator.
12.03.2024

Ichimoku Cloud Analysis 12.03.2024 (EURUSD, USDCAD, AUDUSD)

EURUSD is testing the indicator’s signal lines; USDCAD has gained a foothold below the Tenkan-Sen line, AUDUSD is correcting before a rise.
11.03.2024

Ichimoku Cloud Analysis 11.03.2024 (GBPUSD, NZDUSD, USDJPY)

GBPUSD has gained a foothold above the indicator’s signal lines; NZDUSD is correcting before a rise, USDJPY is rebounding from the support level.
07.03.2024

Ichimoku Cloud Analysis 07.03.2024 (EURUSD, USDCAD, XAUUSD)

EURUSD has found a foothold above the resistance level; USDCAD is testing the lower boundary of the bullish channel, GOLD is growing within a bullish channel.
06.03.2024

Ichimoku Cloud Analysis 06.03.2024 (GBPUSD, NZDUSD, USDJPY)

GBPUSD has found a foothold under the Tenkan-Sen line; NZDUSD is correcting before a decline, USDJPY is rebounding from the lower boundary of the reversal pattern.