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 30.07.2021 (AUDUSD, XAGUSD, NZDUSD)

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.

Ichimoku Cloud Analysis 29.07.2021 (EURUSD, NZDJPY, USDCHF)

EURUSD is about to resume growing; NZDJPY has rebounded from the support level, while USDCHF is falling within the bearish channel.

Ichimoku Cloud Analysis 28.07.2021 (GBPUSD, BRENT, USDCAD)

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.

Ichimoku Cloud Analysis 27.07.2021 (EURUSD, NZDJPY, AUDUSD)

EURUSD is falling within the bearish channel; NZDJPY is testing Tenkan-Sen and Kijun-Sen, while AUDUSD is rebounding from the resistance level.

Ichimoku Cloud Analysis 26.07.2021 (NZDUSD, GBPUSD, CADCHF)

NZDUSD is rebounding from the cloud; GBPUSD is testing the channel’s border, while CADCHF is correcting within a Head & Shoulders reversal pattern.

Ichimoku Cloud Analysis 23.07.2021 (EURUSD, AUDUSD, EURAUD)

EURUSD is testing the support area; AUDUSD is correcting before further decline, while EURAUD is rebounding from the cloud.

Ichimoku Cloud Analysis 22.07.2021 (XAUUSD, GBPUSD, EURGBP)

XAUUSD is getting ready for a reversal pattern materialization; GBPUSD is testing the resistance area, while EURGBP is correcting before further growth.

Ichimoku Cloud Analysis 21.07.2021 (USDCAD, EURJPY, NZDUSD)

USDCAD is growing within the rising channel; EURJPY is correcting before further decline, while NZUSD is about to break the channel’s downside border.