Cookies help us deliver our services. By using our services, you agree to our use of cookies.
Learn more Got it
Dakar 2017
Home / Analytics / Forex analysis & forecasts / Forex Technical analysis and forecasts
Ask a question
Did not find the information you need? Ask your questions and get answers online!
Enter chat
Or enter your phone number in the form below and we will call you right away.
Call back




Forex Technical analysis and forecasts

One of the key factors, which has influence on any trader’s success is his ability to correctly predict the market movements. The two main methods are technical and fundamental analysis of Forex market.

An important feature of fundamental analysis is its global nature. Events, which are analyzed in fundamental analysis, have long-term influence on supply and demand on the currency market. This information is composed of the news about the world’s biggest political and financial events. It’s hard to overestimate the influenced the news has on financial markets: when the most important news is published, the market volatility increases.

It’s quite easy for an experienced trader to analyze and predict how a single event may influence the market. However, analysis of several events, which may influence the market in completely different ways, is a very complicated and time-consuming process. This may be the reason why only approximately 20% of traders use fundamental analysis as their main forecasting tool.

Fundamental approach to Forex market analysis, unlike technical one, covers not only the prices and their changes, but the reasons for these changes as well. Each approach has its followers, advantages and disadvantages.

08.03.2016

Technical Analysis for EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD on March 8, 2016

The Euro-Dollar pair completed the sliding in trades the next growth line in the momentum toward the level 1.1067.
08.03.2016

Fibonacci analysis for EUR/USD and EUR/GBP on March 8, 2016

Euro-US Dollar pair has formed one more pullback from the crowd of fibo-levels in the area 1.1030.
07.03.2016

Fibonacci analysis for EUR/USD and EUR/GBP on March 7, 2016

Euro-Dollar has tested precisely the top crowd of fibo-levels on the past Friday and after that went into correction.
07.03.2016

Analysis of Japanese candlestick for EUR/USD and USD/JPY on March 7, 2016

On the 4 hour Euro-dollar chart, the bearish model The High Wave indicates the continuation of downward, the lowest Window resisted.
04.03.2016

Analysis of Japanese candlestick for EUR/USD and USD/JPY on March 4, 2016

On the 4 hour Euro-Dollar chart, the Hammer pattern pointed the upward correction; the lowest Gap is the resistance.
04.03.2016

Technical analysis for EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD on March 4, 2016

Euro-Dollar pair has stretched the correction and tested the level 1.0964, test from below of break channel of the fourth wave.
03.03.2016

Technical analysis for EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD om March 3, 2016

Pair Euro-Dollar is trading in the consolidation range with minimums updated. The main scenario considers the possible sliding to the level 1.0770.
03.03.2016

Analysis of Japanese candlesticks for EUR/USD and USD/JPY on March 3, 2016

The bearish trend is on the 4 hour Euro-Dollar chart. Chart of the 3-lined breakage confirms downward trend.
03.03.2016

Fibonacci analysis for EUR/USD and EUR/GBP on March 3, 2016

Price has formed the second pullback from the low crowd of fibo-levels (1, 0830) that indicated the beginning of correction.
02.03.2016

Fibonacci analysis for EUR/USD and EUR/GBP on March 2, 2016

Sliding of Euro-Dollar is slowing down, so the price can be corrected soon.
02.03.2016

Analysis of Japanese candlestick for EUR/USD и USD/JPY on March 2, 2016

The bearish trend is on the 4 hour chart of Euro-Dollar, series of continuation pattern. Three methods point the downward.
02.03.2016

Technical analysis of EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD on March 2, 2016

Euro-Dollar pair keeps sliding. The wave’s goal is considered at the 1.0770 level.
01.03.2016

Technical Analysis of EUR / USD, GBP / USD, USD / CHF, USD / JPY, AUD / USD, USD / RUB, GOLD on March 1, 2016.

The euro dollar pair has fulfilled the goal to expand the range toward the down. Actually, the sliding trend continues.
01.03.2016

Analysis of Japanese candlestick for EUR/USD and USD/JPY on March 1, 2016

The 4 hour chart of euro-dollar pair is bearish, continuation pattern. Three methods indicate the declining.
01.03.2016

Fibonacci analysis for EUR/USD and EUR/GBP on March 1, 2016

EURUSD decline is slowing down and price may be corrected soon.