Malaysia

2025-04-29 15:19

IndustryPredictive power of Ichimoku Clouds on major pairs
#CurrencyPairPrediction The Ichimoku Cloud, or Ichimoku Kinko Hyo, is a comprehensive technical analysis tool used to identify trends, support/resistance levels, and potential reversal points in FX markets. For major currency pairs (like EUR/USD, USD/JPY), the Ichimoku Cloud has shown predictive power, especially in trending markets. Key components—such as the Kumo (cloud), Tenkan-sen, and Kijun-sen—help traders gauge momentum and trend direction. A price above the cloud typically signals bullish momentum, while a price below suggests bearishness. Its multi-faceted nature makes it valuable for short- to medium-term forecasting, though it may lag in highly volatile or range-bound markets.
Like 0
I want to comment, too

Submit

0Comments

There is no comment yet. Make the first one.

Chug
Trader
Hot content

Industry

Event-A comment a day,Keep rewards worthy up to$27

Industry

Nigeria Event Giveaway-Win₦5000 Mobilephone Credit

Industry

Nigeria Event Giveaway-Win ₦2500 MobilePhoneCredit

Industry

South Africa Event-Come&Win 240ZAR Phone Credit

Industry

Nigeria Event-Discuss Forex&Win2500NGN PhoneCredit

Industry

[Nigeria Event]Discuss&win 2500 Naira Phone Credit

Forum category

Platform

Exhibition

Agent

Recruitment

EA

Industry

Market

Index

Predictive power of Ichimoku Clouds on major pairs
Malaysia | 2025-04-29 15:19
#CurrencyPairPrediction The Ichimoku Cloud, or Ichimoku Kinko Hyo, is a comprehensive technical analysis tool used to identify trends, support/resistance levels, and potential reversal points in FX markets. For major currency pairs (like EUR/USD, USD/JPY), the Ichimoku Cloud has shown predictive power, especially in trending markets. Key components—such as the Kumo (cloud), Tenkan-sen, and Kijun-sen—help traders gauge momentum and trend direction. A price above the cloud typically signals bullish momentum, while a price below suggests bearishness. Its multi-faceted nature makes it valuable for short- to medium-term forecasting, though it may lag in highly volatile or range-bound markets.
Like 0
I want to comment, too

Submit

0Comments

There is no comment yet. Make the first one.