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.

02.02.2015

Ichimoku Cloud Analysis 02.02.2015 (GBP/USD, GOLD)

GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1).
02.02.2015

Japanese Candlesticks Analysis 02.02.2015 (EUR/USD, USD/JPY)

The H4 chart of EUR USD shows a sideways correction within the downtrend.
30.01.2015

Ichimoku Cloud Analysis 30.01.2015 (GBP/USD, GOLD)

GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected near the cloud’s lower border and formed “Dead Cross” (1).
30.01.2015

Japanese Candlesticks Analysis 30.01.2015 (EUR/USD, USD/JPY)

The H4 chart of EUR USD shows a correction within the downtrend.
29.01.2015

Ichimoku Cloud Analysis 29.01.2015 (GBP/USD, GOLD)

GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1).
29.01.2015

Japanese Candlesticks Analysis 29.01.2015 (EUR/USD, USD/JPY)

At the H4 chart of EUR USD, a correction within the downtrend continues.
28.01.2015

Ichimoku Cloud Analysis 28.01.2015 (GBP/USD, GOLD)

GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected and formed “Golden Cross” below Kumo Cloud.
28.01.2015

Japanese Candlesticks Analysis 28.01.2015 (EUR/USD, USD/JPY)

The H4 chart of USD JPY shows a descending movement.