Forex Ichimoku cloud analysis and forecast

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.


Ichimoku Cloud Analysis 08.11.2021 (AUDUSD, GBPUSD, NZDUSD)

AUDUSD is pushing off the signal lines of the indicator; GBPUSD is declining inside a bearish channel, NZDUSD is testing the resistance area.

Ichimoku Cloud Analysis 05.11.2021 (EURUSD, XAUUSD, USDCHF)

EURUSD is rebounding from the resistance level; XAUUSD is testing the cloud’s upside border, USDCHF is about to break a Triangle pattern.

Ichimoku Cloud Analysis 04.11.2021 (NZDUSD, GBPJPY, AUDUSD)

NZDUSD is correcting before further decline; GBPJPY is testing Tenkan-Sen and Kijun-Sen, while AUDUSD is rebounding from the channel’s downside border.

Ichimoku Cloud Analysis 03.11.2021 (EURUSD, GBPUSD, USDCAD)

EURUSD is rebounding from Tenkan-Sen and Kijun-Sen; GBPUSD is falling within the bearish channel, while USDCAD is testing the upside border of a Triangle pattern.

Ichimoku Cloud Analysis 02.11.2021 (NZDUSD, AUDUSD, EURJPY)

NZDUSD is getting ready for a reversal pattern materialization; AUDUSD has fixed below the rising channel’s downside border, while EURJPY is rebounding from Tenkan-Sen and Kijun-Sen.

Ichimoku Cloud Analysis 01.11.2021 (EURUSD, GBPUSD, USDCAD)

EURUSD is testing the support area; GBPUSD is rebounding from the descending channel’s downside border, while USDCAD is about to break a Triangle pattern.

Ichimoku Cloud Analysis 29.10.2021 (NZDUSD, USDJPY, USDCHF)

NZDUSD is rebounding from the cloud’s upside border; USDJPY is about to break the support level, while USDCHF is testing the descending channel’s border.

Ichimoku Cloud Analysis 28.10.2021 (EURUSD, XAUUSD, BRENT)

EURUSD is rebounding from Tenkan-Sen and Kijun-Sen; XAUUSD is correcting within a Triangle pattern, while Brent is about to resume falling.