An exceptional system of analyzing and predicting the currency market behavior, which combines several approaches to monitor price fluctuations and identify important support line and major trends. ”Ichimoku Kinko Hyo” translates to “one glance equilibrium chart”. In this constantly updated section, RoboForex experts explain how to use the system in real trading operations.
AUDUSD is falling within the bearish channel; XAGUSD is rebounding from the resistance area, while NZDUSD is testing the upside border of a Triangle pattern.
EURUSD is about to resume growing; NZDJPY has rebounded from the support level, while USDCHF is falling within the bearish channel.
GBPUSD is about to break the resistance level; Brent is correcting within a reversal pattern, while USDCAD is rebounding from the cloud’s downside border.
EURUSD is falling within the bearish channel; NZDJPY is testing Tenkan-Sen and Kijun-Sen, while AUDUSD is rebounding from the resistance level.
NZDUSD is rebounding from the cloud; GBPUSD is testing the channel’s border, while CADCHF is correcting within a Head & Shoulders reversal pattern.
EURUSD is testing the support area; AUDUSD is correcting before further decline, while EURAUD is rebounding from the cloud.
XAUUSD is getting ready for a reversal pattern materialization; GBPUSD is testing the resistance area, while EURGBP is correcting before further growth.
USDCAD is growing within the rising channel; EURJPY is correcting before further decline, while NZUSD is about to break the channel’s downside border.