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.

11.11.2022

Forex Technical Analysis & Forecast 11.11.2022

The S&P 500 stock index continues growing. Also in the overview: EUR, GBP, JPY, CHF, AUD, Brent, and Gold.
10.11.2022

Forex Technical Analysis & Forecas 10.11.2022

EUR might grow before falling. Also in the overview: GBP, JPY, CHF, AUD, Brent, Gold, and the S&P 500 index.
09.11.2022

Forex Technical Analysis & Forecast 09.11.2022

GBP will continue developing wave of growth. Also in the overview: EUR, JPY, CHF, AUD, Brent, Gold, and the S&P 500 index.
08.11.2022

Forex Technical Analysis & Forecast 08.11.2022

EUR may renew highs after correction. Also in the overview: GBP, JPY, CHF, AUD, Brent, Gold, and the S&P 500 index.
07.11.2022

Forex Technical Analysis & Forecast 07.11.2022

Brent is preparing a correction. Also in the overview: EUR, GBP, JPY, CHF, AUD, Gold, and the S&P 500 index.
03.11.2022

Forex Technical Analysis & Forecast 03.11.2022

Brent is ready to grow. Also in the overview: EUR, GBP, JPY, CHF, AUD, Gold, and the S&P 500 index.
02.11.2022

Forex Technical Analysis & Forecast 02.11.2022

EUR might renew the lows. Also in the overview: GBP, JPY, CHF, AUD, Brent, Gold, and the S&P 500 index.
01.11.2022

Forex Technical Analysis & Forecast for November 2022

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