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.

30.06.2022

Forex Technical Analysis & Forecast 30.06.2022

Gold continues falling. Other instruments we’ll mention include EUR, GBP, JPY, CHF, AUD, Brent, and the S&P 500 index.
29.06.2022

Forex Technical Analysis & Forecast 29.06.2022

The S&P 500 index may form another structure to the upside. We’ll also talk about EUR, GBP, JPY, CHF, AUD, Brent, and Gold.
28.06.2022

Forex Technical Analysis & Forecast 28.06.2022

Brent continues trading to the upside. EUR, GBP, JPY, CHF, AUD, Gold, and the S&P 500 index are also covered in the overview.
27.06.2022

Forex Technical Analysis & Forecast 27.06.2022

Gold is consolidating. Today’s overview also covers EUR, GBP, JPY, CHF, AUD, Brent, and the S&P 500 Index.
24.06.2022

Forex Technical Analysis & Forecast 24.06.2022

The S&P 500 index is forming a new wave to the upside. Among other assets discussed in the overview are EUR, GBP, JPY, CHF, AUD, Brent, and Gold.
23.06.2022

Forex Technical Analysis & Forecast 23.06.2022

Brent has completed the correctional wave. Other instruments we’ll mention include EUR, GBP, JPY, CHF, AUD, Gold, and the S&P 500 index.
22.06.2022

Forex Technical Analysis & Forecast 22.06.2022

EUR continues moving within the descending tendency. We’ll also talk about GBP, JPY, CHF, AUD, Brent, Gold, and the S&P 500 index.
21.06.2022

Forex Technical Analysis & Forecast 21.06.2022

Gold continues the correction. EUR, GBP, JPY, CHF, AUD, Brent, and the S&P 500 index are also covered in the overview.