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.

22.02.2024

Technical Analysis & Forecast 22.02.2024

GBP might continue rising. The overview also describes the dynamics of EUR, JPY, CHF, AUD, Brent, Gold, and the S&P 500 index.
21.02.2024

Technical Analysis & Forecast 21.02.2024

The S&P 500 index could continue declining. The overview also covers the dynamics of EUR, GBP, JPY, CHF, AUD, Brent, and Gold.
20.02.2024

Technical Analysis & Forecast 20.02.2024

CHF might start declining. The overview also describes the dynamics of EUR, GBP, JPY, AUD, Brent, Gold, and the S&P 500 index.
19.02.2024

Technical Analysis & Forecast 19.02.2024

Gold might continue growing. The overview also covers the dynamics of EUR, GBP, JPY, CHF, AUD, Brent, and the S&P 500 index.
16.02.2024

Technical Analysis & Forecast 16.02.2024

Brent might continue rising. The overview also covers the dynamics of EUR, GBP, JPY, CHF, AUD, Gold, and the S&P 500 index.
15.02.2024

Technical Analysis & Forecast 15.02.2024

Gold might begin a correction. The overview also describes the dynamics of EUR, GBP, JPY, CHF, AUD, Brent, and the S&P 500 index.
14.02.2024

Technical Analysis & Forecast 14.02.2024

EUR might start correcting. The overview also describes the dynamics of GBP, JPY, CHF, AUD, Brent, Gold, and the S&P 500 index.
13.02.2024

Technical Analysis & Forecast 13.02.2024

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