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.

01.12.2021

Forex Technical Analysis & Forecast for December 2021

We’re discussing prospects for EURUSD, GBPUSD, USDRUB, USDJPY, Brent, Gold, and the S&P 500 index in December.
01.12.2021

Forex Technical Analysis & Forecast 01.12.2021

Gold continues updating its lows. We’ll also talk about EUR, GBP, JPY, CHF, AUD, Brent, and the S&P 500 index.
30.11.2021

Forex Technical Analysis & Forecast 30.11.2021

EUR and GBP are consolidating. JPY, CHF, AUD, Brent, Gold, and the S&P 500 index are also covered in the overview.
29.11.2021

Forex Technical Analysis & Forecast 29.11.2021

Brent has started a new wave to the upside. Today’s overview also covers EUR, GBP, JPY, CHF, AUD, Gold, and the S&P 500 Index.
26.11.2021

Forex Technical Analysis & Forecast 26.11.2021

EUR is still correcting, while GBP continues falling. Among other assets discussed in the overview are JPY, CHF, AUD, Brent, Gold, and the S&P 500 Index.
25.11.2021

Forex Technical Analysis & Forecast 25.11.2021

Gold is consolidating, while Brent may return to 77.50. Other instruments we’ll mention include EUR, GBP, JPY, CHF, AUD, and the S&P 500 index.
24.11.2021

Forex Technical Analysis & Forecast 24.11.2021

EUR continues falling. We’ll also talk about GBP, JPY, CHF, AUD, Brent, Gold, and the S&P 500 index.
23.11.2021

Forex Technical Analysis & Forecast 23.11.2021

EUR and GBP may start new corrections. JPY, CHF, AUD, Brent, Gold, and the S&P 500 index are also covered in the overview.