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.

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.
20.06.2022

Forex Technical Analysis & Forecast 20.06.2022

Oil stopped correcting. Also find in the overview the dynamics of the EUR, GBP, JPY, CHF, AUD, Gold, and the S&P 500 index.
17.06.2022

Forex Technical Analysis & Forecast 17.06.2022

Euro is correcting. Also in the overview: GBP, JPY, CHF, AUD, Brent, Gold, and the S&P 500 index.
16.06.2022

Forex Technical Analysis & Forecast 16.06.2022

The S&P 500 index is preparing to continue a declining wave. Also find in the overview price dynamics of the EUR, GBP, JPY, CHF, AUD, Brent, and Gold.
15.06.2022

Forex Technical Analysis & Forecast 15.06.2022

The pound continues the downtrend. The overview also feature information about EUR, JPY, CHF, AUD, Brent, Gold, and the S&P 500 index.
14.06.2022

Forex Technical Analysis & Forecast 14.06.2022

Euro continues declining wave. Also check out the dynamics of GBP, JPY, CHF, AUD, Brent, Gold, and the S&P 500 index.
10.06.2022

Forex Technical Analysis & Forecast 10.06.2022

The S&P 500 index continues trading to the downside. Among other assets discussed in the overview are EUR, GBP, JPY, CHF, AUD, Brent, and Gold.