Forex Technical Analysis & Forecasts


Forex Technical Analysis 12.12.2018 EURUSD, GBPUSD, USDCHF
Forex Technical Analysis 12.12.2018 EURUSD, GBPUSD, USDCHF

EURUSD, “Euro vs US Dollar”EURUSD has completed another descending impulse, which may be considered as the third wave inside the downtrend with the target at 1.1310. Poss...

Forex Technical Analysis 11.12.2018 EURUSD, GBPUSD, USDCHF
Forex Technical Analysis 11.12.2018 EURUSD, GBPUSD, USDCHF

EURUSD, “Euro vs US Dollar”Yesterday, EURUSD started another descending wave; it managed to form the first structure, the correction, and the third structure as well. Pos...

Forex Technical Analysis 10.12.2018 EURUSD, GBPUSD, USDCHF
Forex Technical Analysis 10.12.2018 EURUSD, GBPUSD, USDCHF

EURUSD, “Euro vs US Dollar”EURUSD continues moving according to an alternative scenario, which implies that the price may continue the correction. Possibly, today the pai...

Forex Technical Analysis EURUSD, GBPUSD, USDCHF, USDJPY...
Forex Technical Analysis EURUSD, GBPUSD, USDCHF, USDJPY...

EURUSD, “Euro vs US Dollar”EURUSD has broken the consolidation range upwards and reached the short-term upside target. Possibly, today the pair may fall towards 1.1353 an...

Forex Technical Analysis 06.12.2018 (EURUSD, GBPUSD, USDCHF
Forex Technical Analysis 06.12.2018 (EURUSD, GBPUSD, USDCHF

EURUSD, “Euro vs US Dollar”EURUSD has completed the first descending structure with the target at 1.1310; right now, it is being corrected to reach 1.1365. Later, the mar...

Forex Technical Analysis 05.12.2018 (EURUSD, GBPUSD...)
Forex Technical Analysis 05.12.2018 (EURUSD, GBPUSD...)

EURUSD, “Euro vs US Dollar”EURUSD has quickly rebounded from 1.1414. Possibly, today the pair may continue falling to reach 1.1310. Later, the market may start another gr...

Forex Technical Analysis 04.12.2018 (EURUSD, GBPUSD...)
Forex Technical Analysis 04.12.2018 (EURUSD, GBPUSD...)

EURUSD, “Euro vs US Dollar”EURUSD has formed another consolidation range around 1.1350, broken it upwards, and reached the first target at 1.1378. Possibly, today the pai...

Forex Technical Analysis 03.12.2018 (EURUSD, GBPUSD...)
Forex Technical Analysis 03.12.2018 (EURUSD, GBPUSD...)

EURUSD, “Euro vs US Dollar”EURUSD has formed another consolidation range around 1.1347 and expanded it towards 1.1365; right now, it is trading upwards and trying to retu...

Forex Technical Analysis 30.11.2018 (EURUSD, GBPUSD...)
Forex Technical Analysis 30.11.2018 (EURUSD, GBPUSD...)

EURUSD, “Euro vs US Dollar”EURUSD is still consolidating around 1.1377 and trying to expand it upwards. Possibly, the pair may reach 1.1414 or even 1.1500 (an alternative...

Forex Technical Analysis 29.11.2018 (EURUSD, GBPUSD, USDCHF)
Forex Technical Analysis 29.11.2018 (EURUSD, GBPUSD, USDCHF)

EURUSD, “Euro vs US Dollar”EURUSD has reached the downside target and quickly returned to the center of the structure; right now, it is consolidating around 1.1375. If la...


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.   

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree