Forex Technical analysis and forecasts

Currencies are believed to move in cycles, which means that one may try to estimate and predict their future fluctuations. Technical analysis helps to look into behavior of currency pairs on the basis of traded value, movement direction, investors’ common interests, and fluctuations history.

Technical analysis offers a trader a range of patterns that can predict price movement. Some of them predict a price reversal in one direction or another, others - a repetition of changes. To make it easier to use technical analysis, there is a number of indicators that include several parameters from the price chart. So, both experienced and novice traders can resort to technical analysis - it is believed that both of them should be familiar with the basics of technical analysis. It should be noted that forecasts made based on technical analysis cannot be considered 100% accurate, but they can still make trading more efficient. This page presents conclusions and forecasts made by RoboForex experts based on tech analysis.

08.02.2023

Forex Technical Analysis & Forecast 08.02.2023

CHF is correcting. Also in the overview: EUR, GBP, JPY, AUD, Brent, Gold, and the S&P 500 index.
07.02.2023

Forex Technical Analysis & Forecast 07.02.2023

EUR is consolidating. Also in the overview: GBP, JPY, CHF, AUD, Brent, Gold, and the S&P 500 index.
06.02.2023

Forex Technical Analysis & Forecast 06.02.2023

The S&P 500 index continues a wave of decline. Also in the overview: EUR, GBP, JPY, CHF, AUD, Brent, and Gold.
03.02.2023

Forex Technical Analysis & Forecast for February 2023

We’re discussing the prospects for EURUSD, GBPUSD, USDJPY, Brent, Gold, and the S&P 500 index in February.
03.02.2023

Forex Technical Analysis & Forecast 03.02.2023

GBP is declining actively. Also in the overview: EUR, JPY, CHF, AUD, Brent, Gold, and the S&P 500 index.
02.02.2023

Forex Technical Analysis & Forecast 02.02.2023

Brent is completing a correction. Also in the overview: EUR, GBP, JPY, CHF, AUD, Brent, Gold, and the S&P 500 index.
01.02.2023

Forex Technical Analysis & Forecast 01.02.2023

EUR is correcting. Also in the overview: GBP, JPY, CHF, AUD, Brent, Gold, and the S&P 500 index.
31.01.2023

Forex Technical Analysis & Forecast 31.01.2023

Brent might continue a wave of correction. Also in the overview: EUR, GBP, JPY, CHF, AUD, Gold, and the S&P 500 index.