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.

02.12.2022

Forex Technical Analysis & Forecast 02.12.2022

Gold might continue the wave of growth. Also in the overview: EUR, GBP, JPY, CHF, AUD, Brent, and the S&P 500 index.
01.12.2022

Forex Technical Analysis & Forecast for December 2022

We’re discussing the prospects for EURUSD, GBPUSD, USDJPY, Brent, Gold, and the S&P 500 index in December.
01.12.2022

Forex Technical Analysis & Forecast 01.12.2022

Brent may grow before correcting. Also in the overview: EUR, GBP, JPY, CHF, AUD, Gold, and the S&P 500 index.
30.11.2022

Forex Technical Analysis & Forecast 30.11.2022

GBP may continue falling. Also in the overview: EUR, JPY, CHF, AUD, Brent, Gold, and the S&P 500 index.
29.11.2022

Forex Technical Analysis & Forecast 29.11.2022

EUR is consolidating. Also in the overview: GBP, JPY, CHF, AUD, Brent, Gold, and the S&P 500 index.
28.11.2022

Forex Technical Analysis & Forecast 28.11.2022

Brent may form a structure of decline. Also in the overview: EUR, GBP, JPY, CHF, AUD, Gold, and the S&P 500 index.
25.11.2022

Forex Technical Analysis & Forecast 25.11.2022

The S&P 500 index may renew highs. Also in the overview: EUR, GBP, JPY, CHF, AUD, Brent, and Gold.
24.11.2022

Forex Technical Analysis & Forecast 24.11.2022

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