Forex Ichimoku cloud analysis and forecast


Ichimoku Analysis: AUD/USD, NZD/USD, USD/CAD, July 20, 2018
Ichimoku Analysis: AUD/USD, NZD/USD, USD/CAD, July 20, 2018

AUD/USDThe AUD/USD is trading at 0.7373, below the Ichimoku cloud, which means there's a downtrend forming. We expect a test of the lower cloud boundary at 0.7405, and then a downwar...

Ichimoku Analysis: AUD/USD, NZD/USD, USD/CAD, July 19.07.2018, 2018
Ichimoku Analysis: AUD/USD, NZD/USD, USD/CAD, July 19.07.2018, 2018

AUD/USDThe AUD/USD is trading at 0.7401, inside the Ichimoku cloud, which means the pair is trading sideways. We expect a test of the upper cloud boundary at 0.7425, and then a downw...

Ichimoku Analysis: AUD/USD, NZD/USD, USD/CAD, July 18, 2018
Ichimoku Analysis: AUD/USD, NZD/USD, USD/CAD, July 18, 2018

AUD/USDThe AUD/USD is trading at 0.7365, below the Ichimoku cloud, which means there's a downtrend forming. We expect a test of the lower cloud boundary at 0.7385, and then a downwar...

Ichimoku Analysis: AUD/USD, NZD/USD, USD/CAD, July 17, 2018
Ichimoku Analysis: AUD/USD, NZD/USD, USD/CAD, July 17, 2018

AUD/USDThe AUD/USD is trading at 0.7424, inside the Ichimoku cloud, which means the pair is trading sideways. We expect a test of the upper cloud boundary at 0.7435, and then a downw...

Ichimoku Analysis: AUD/USD, NZD/USD, USD/CAD, July 16, 2018
Ichimoku Analysis: AUD/USD, NZD/USD, USD/CAD, July 16, 2018

AUD/USDThe AUD/USD is trading at 0.7434, inside the Ichimoku cloud, which means the pair is trading sideways. We expect a test of the upper cloud boundary at 0.7435, and then a downw...

Ichimoku Cloud Analysis 13.07.2018 (AUDUSD, NZDUSD, USDCAD)
Ichimoku Cloud Analysis 13.07.2018 (AUDUSD, NZDUSD, USDCAD)

AUDUSD, “Australian Dollar vs US Dollar”AUDUSD is trading at 0.7416; the instrument is moving above Ichimoku Cloud, which means that it may continue growing. The markets could indica...

Ichimoku Cloud Analysis 12.07.2018 (AUDUSD, NZDUSD, USDCAD)
Ichimoku Cloud Analysis 12.07.2018 (AUDUSD, NZDUSD, USDCAD)

AUDUSD, “Australian Dollar vs US Dollar”AUDUSD is trading at 0.7385; the instrument is moving above Ichimoku Cloud, which means that it may continue growing. The markets could indica...

Ichimoku Cloud Analysis 11.07.2018 (AUDUSD, NZDUSD, USDCAD)
Ichimoku Cloud Analysis 11.07.2018 (AUDUSD, NZDUSD, USDCAD)

AUDUSD, “Australian Dollar vs US Dollar”AUDUSD is trading at 0.7407; the instrument is moving above Ichimoku Cloud, which means that it may continue growing. The markets could indica...

Ichimoku Cloud Analysis 10.07.2018 (AUDUSD, NZDUSD, USDCAD)
Ichimoku Cloud Analysis 10.07.2018 (AUDUSD, NZDUSD, USDCAD)

AUDUSD, “Australian Dollar vs US Dollar”AUDUSD is trading at 0.7459; the instrument is moving above Ichimoku Cloud, which means that it may continue growing. The markets could indica...

Ichimoku Cloud Analysis 09.07.2018 (AUDUSD, NZDUSD, USDCAD)
Ichimoku Cloud Analysis 09.07.2018 (AUDUSD, NZDUSD, USDCAD)

AUDUSD, “Australian Dollar vs US Dollar”AUDUSD is trading at 0.7467; the instrument is moving above Ichimoku Cloud, which means that it may continue growing. The markets could indica...


The efficiency of Ichimoku indicator

The effectiveness of Ichimoku analysis has been confirmed by multiple testing on the Forex market, as it includes itself three indicators on one price chart, that provides us a ready-made trading system at length, that does not require any more Forex indicators, and allows client to take his own, correct decisions when trading, as the trader becomes more informed using the Ichimoku cloud Forex.

Ichimoku Cloud Indicator

Ichimoku cloud indicator has been invented by Japan analyst Hosoda - real analyst’s name, who published his materials and reviews under a pseudonym of Ichimoku Sanjin. The primary goal of the present type of analysis was to forecast Index movement of Japan stock market. Nowadays the versatility and possibilities of the Ichimoku analysis have increased significantly. By its instrumentality any trader might determine market trend, support and resistance levels, as well as use trading signals for trading instrument buying and selling.

On the whole, the usage of Ichimoku cloud indicators is more efficient on daily and weekly charts, and consists of 5 lines:

  • Tenka-sen - indicates an average price for the first time interval, defined as the sum of the maximum and minimum of that period, divided into two.
  • Kijun-sen - indicates an average price for the second time interval.
  • Senkou Span A - indicates the midway between two previous lines, shifted towards by the value of the second time interval
  • Senkou Span B - indicates an average price for the third space of time, shifted towards by the value of the second time interval.
  • Chinkou Span - shows the closing price of a current Japanese candlestick, shifted backwards by the value of the second time interval. 

What Additional Options Does Include the Ichimoku Cloud Forex Analysis? 

Ichimoku cloud indicator combines a number of other indicators and various approaches to forecast the price move. The Ichimoku cloud Forex model allows you in a moment took the print about market direction tendency. Also in Ichimoku cloud are used moving averages to identify levels of support and resistance. The beginner traders may ignore Ichmoku cloud Forex at times, but these actions are erroneous.

Although the Ichimoku analysis may seem complicated, once you understand its basic concepts, this indicator becomes quite simple to use.

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