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.

29.09.2023

Technical Analysis & Forecast 29.09.2023

The S&P 500 index could correct. The overview also covers the dynamics of EUR, GBP, JPY, CHF, AUD, Brent, and Gold.
28.09.2023

Technical Analysis & Forecast 28.09.2023

EUR continues its downward trajectory. The overview also covers the dynamics of GBP, JPY, CHF, AUD, Brent, Gold, and the S&P 500 index.
27.09.2023

Technical Analysis & Forecast 27.09.2023

Brent continues its upward movement. The overview also describes the dynamics of EUR, GBP, JPY, CHF, AUD, Gold, and the S&P 500 index.
26.09.2023

Technical Analysis & Forecast 26.09.2023

AUD continues a wave of decline. The overview also covers the performance of EUR, GBP, JPY, CHF, Brent, Gold, and the S&P 500 index.
25.09.2023

Technical Analysis & Forecast 25.09.2023

The yen continues a wave of growth. The overview also provides an analysis of EUR, GBP, CHF, AUD, Brent, Gold, and the S&P 500 index.
22.09.2023

Technical Analysis & Forecast 22.09.2023

Gold could correct before a new decline. The overview also covers the dynamics of EUR, GBP, JPY, CHF, AUD, Brent, and the S&P 500 index.
21.09.2023

Technical Analysis & Forecast 21.09.2023

AUD extends a wave of decline. The overview also covers the dynamics of EUR, GBP, JPY, CHF, Brent, Gold, and the S&P 500 index.
20.09.2023

Technical Analysis & Forecast 20.09.2023

The S&P 500 index could continue its declining wave. The overview also describes the dynamics of EUR, GBP, JPY, CHF, AUD, Brent, and Gold.