Forex Ichimoku cloud analysis and forecast


Ichimoku Cloud Analysis 05.10.2022 (GBPUSD, AUDUSD, USDCAD)
Ichimoku Cloud Analysis 05.10.2022 (GBPUSD, AUDUSD, USDCAD)
GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD is rising inside the bullish channel. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency....
Ichimoku Cloud Analysis 04.10.2022 (EURUSD, XAUUSD, USDCHF)
Ichimoku Cloud Analysis 04.10.2022 (EURUSD, XAUUSD, USDCHF)
EURUSD, “Euro vs US Dollar”EURUSD is testing the bearish channel’s upside border. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The ...
Ichimoku Cloud Analysis 03.10.2022 (GBPUSD, NZDUSD, USDCAD)
Ichimoku Cloud Analysis 03.10.2022 (GBPUSD, NZDUSD, USDCAD)
GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD is no longer moving inside the bearish channel. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending...
Ichimoku Cloud Analysis 30.09.2022 (EURUSD, XAUUSD, AUDUSD)
Ichimoku Cloud Analysis 30.09.2022 (EURUSD, XAUUSD, AUDUSD)
EURUSD, “Euro vs US Dollar”EURUSD is no longer trading inside the bearish channel. The instrument is currently moving inside Ichimoku Cloud, thus indicating a sideways tendency. The ...
Ichimoku Cloud Analysis 29.09.2022 (GBPUSD, USDCHF, NZDUSD)
Ichimoku Cloud Analysis 29.09.2022 (GBPUSD, USDCHF, NZDUSD)
GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD is stuck inside the Triangle pattern. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency....
Ichimoku Cloud Analysis 28.09.2022 (EURUSD, XAUUSD, USDCAD)
Ichimoku Cloud Analysis 28.09.2022 (EURUSD, XAUUSD, USDCAD)
EURUSD, “Euro vs US Dollar”EURUSD is testing the support area. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indic...
Ichimoku Cloud Analysis 27.09.2022 (GBPUSD, USDCHF, AUDUSD)
Ichimoku Cloud Analysis 27.09.2022 (GBPUSD, USDCHF, AUDUSD)
GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD is correcting after plummeting earlier. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendenc...
Ichimoku Cloud Analysis 26.09.2022 (EURUSD, XAUUSD, NZDUSD)
Ichimoku Cloud Analysis 26.09.2022 (EURUSD, XAUUSD, NZDUSD)
EURUSD, “Euro vs US Dollar”EURUSD is correcting inside the bearish channel. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The market...
Ichimoku Cloud Analysis 23.09.2022 (GBPUSD, USDCHF, USDJPY)
Ichimoku Cloud Analysis 23.09.2022 (GBPUSD, USDCHF, USDJPY)
GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD is falling within the bearish channel. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency...
Ichimoku Cloud Analysis 22.09.2022 (EURUSD, AUDUSD, USDCAD)
Ichimoku Cloud Analysis 22.09.2022 (EURUSD, AUDUSD, USDCAD)
EURUSD, “Euro vs US Dollar”EURUSD has fixed above the support level. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could...

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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