Introduction to Ichimoku Charts
The Ichimoku chart is composed of five main lines, each providing its insights into market trends.
Source: forexlive.com
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Bitcoin's 'Ichimokou Cloud' Suggests Deeper Drop Toward $24K: Technical Analysis
Ichimoku Cloud, created by Japanese journalist Goichi Hosada in the 1960s, is widely used to gauge momentum and trend strength.
Source: coindesk.com
Euro Technical Outlook – EUR/USD and EUR/JPY are Seeing Different Set-ups
The Euro has been losing ground against the US Dollar while the rising trend appears to be intact for EUR/JPY as it consolidates recent gains. Will EUR/USD push lower?
Source: dailyfx.com
Japanese Yen Depreciation Pauses as Clouds Linger. Higher USD/JPY?
The Japanese Yen has consolidated against the US Dollar as indicators might suggest that momentum could unfold if key levels are overcome. Is there a new trend in USD/JPY?
Source: dailyfx.com
Australian Dollar Trends Remain Intact Despite Some Stalls. Where to for AUD/USD?
The Australian Dollar has rallied against the US Dollar and the Japanese Yen to start the week. What are the technical indicators saying about the trend for AUD/USD and AUD/JPY?
Source: dailyfx.com