Featured Forex Broker Reviews

  • Click Here
  • Click Here
  • Forex Capital Markets | FXCM, LLC
  • Australian forex company
  • Global Forex Trading GFT
  • etoro forex
  • dukascopy fx trading
  • Marketiva Forex Brokers
  • fxclub
  • CMS Forex
  • avafx foreign exchange
  • www.Forex.com Gain Capital Markets

Advertise with us

Home » Forex Glossary » Using the Ichimoku Cloud

Using the Ichimoku Cloud

A signal tool that provides support/resistance levels, trend movements, varying exit and entry points. If the cloud lies above the price action, then the trend is bullish. However if the cloud lies below the price action, then the trend is bearish. There are also the Tenkan and Kijun lines that are moving averages, where the Tenkan line lies below the Kijun line indicating a bearish trend.