Forex Technical Analysis & Forecasts


Forex Technical Analysis 18.09.2019 (EURUSD, GBPUSD, BTCUSD)
Forex Technical Analysis 18.09.2019 (EURUSD, GBPUSD, BTCUSD)
EURUSD, “Euro vs US Dollar”EURUSD has completed the ascending structure at 1.1074; right now, it is consolidating. Possibly, the pair may move downwards to reach 1.1050.
Forex Technical Analysis 17.09.2019 (EURUSD, GBPUSD, USDCHF)
Forex Technical Analysis 17.09.2019 (EURUSD, GBPUSD, USDCHF)
EURUSD, “Euro vs US Dollar”EURUSD is moving upwards to reach 1.1024. Later, the market may fall towards 1.1009 and then continue trading upwards with the first target at ...
Forex Technical Analysis 16.09.2019 (USDCHF, USDJPY, AUDUSD)
Forex Technical Analysis 16.09.2019 (USDCHF, USDJPY, AUDUSD)
EURUSD, “Euro vs US Dollar”EURUSD is consolidating around 1.1062. Today, the pair may fall towards 1.1057 and then grow to break 1.1111. 
Forex Technical Analysis 13.09.2019 (USDCHF, USDJPY, AUDUSD)
Forex Technical Analysis 13.09.2019 (USDCHF, USDJPY, AUDUSD)
EURUSD, “Euro vs US Dollar”After finishing the descending wave at 1.0927 and almost forming Double Bottom pattern, EURUSD has completed the ascending impulse towards 1.10...
Forex Technical Analysis 12.09.2019 (EURUSD, GBPUSD, USDCHF)
Forex Technical Analysis 12.09.2019 (EURUSD, GBPUSD, USDCHF)
EURUSD, “Euro vs US Dollar”EURUSD has broken the consolidation range to the upside; right now, it is trading to return to 1.1015. After that, the instrument may continue ...
Forex Technical Analysis 11.09.2019 (USDJPY, AUDUSD, BTCUSD)
Forex Technical Analysis 11.09.2019 (USDJPY, AUDUSD, BTCUSD)
EURUSD, “Euro vs US Dollar”EURUSD is still consolidating around 1.1039. Today, the pair may choose an alternative scenario to form one more ascending structure to break 1...
Forex Technical Analysis 10.09.2019 (GBPUSD, USDCHF, BRENT)
Forex Technical Analysis 10.09.2019 (GBPUSD, USDCHF, BRENT)
EURUSD, “Euro vs US Dollar”EURUSD is still consolidating around 1.1039. 
Forex Technical Analysis 09.09.2019 ( USDJPY, BTCUSD)
Forex Technical Analysis 09.09.2019 ( USDJPY, BTCUSD)
EURUSD, “Euro vs US Dollar”After finishing the first descending impulse at 1.1020, EURUSD has completed the correction at 1.1052; right now, it is forming the second desc...
Forex Technical Analysis 06.09.2019 (EURUSD, GBPUSD, USDCHF)
Forex Technical Analysis 06.09.2019 (EURUSD, GBPUSD, USDCHF)
EURUSD, “Euro vs US Dollar”EURUSD is consolidating around 1.1037. Possibly, today the pair may fall to break 1.1024 and then continue trading inside the downtrend with th...
Forex Technical Analysis 05.09.2019 (USDCHF, USDJPY, AUDUSD)
Forex Technical Analysis 05.09.2019 (USDCHF, USDJPY, AUDUSD)
EURUSD, “Euro vs US Dollar”After forming a continuation pattern around 1.0975 and breaking it to the upside, EURUSD has completed the ascending wave at 1.1030; right now,...

Technical analysis is an irreplaceable tool of effective trading

Even inexperienced traders know that serious analytical research is a guarantee for successful trading on the foreign exchange market. The Forex technical analysis assumes the market’s behavior investigation in the past, for the purpose of determination the trader’s optimal behavioral model and trading strategy. The Daily Forex technical analysis rely on assumption that the market possesses its own memory, hence, the future price move can be determined, grounding on the objective laws of the price behavior in the past.

Technical Analysis - its Essence and Mission

Practically any trader knows that the Forex technical analysis is a wide-spread method in order to forecast the price change. The Daily Forex technical analysis is built by the trader on the charts of quotations change for certain periods of time. In other words, the Forex technical analysis means the quotation’s history research, by the instrumentality of which the users might determine the possible trend’s direction in the future.

Which Types and Elements of the Forex Technical Analysis Are the Most Important ?  

The present free Forex technical analysis is divided into several types. One of the most popular is the candlestick analysis. Its essence is to find in the quotation’s history the standard reversal patterns or trend continuation (“Head and Shoulders”, “Wedge”, “Double Top”, “Triangle”, etc.).  Appearance of any of the above mentioned figures on the chart means that the trader might forecast the future price move, as well as its possible breakout. Regarding the auxiliary elements of the present type of analysis, the Forex technical analysis indicators are the most significant ones, which can be found on any platform. There are various types of indicators therefore any trader may work out its own trading strategy for any instrument, grounding on the data of one or another indicator.  Exactly the Forex technical analysis & forecasts worth recommending for the novice traders, as its various automatic programs, indicators and expert advisors might be helpful and useful.   

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