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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.

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.
29.02.2016

Technical analysis for EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD on 29.02.2016

Today the euro dollar currency pair attempts to roll back to the breakdown of the growth channel.
29.02.2016

Candlestick analysis for EUR/USD and USD/JPY on 29.02.2016

On the 4-hour euro dollar chart there is a bearish indication, the middle Window showed resistance.
29.02.2016

Fibonacci analysis for EUR/USD and EUR/GBP on 29.02.2016

The cluster of Fibo levels around 1.0925 gave only local support to the price.
26.02.2016

Fibonacci analysis for EUR/USD and EUR/GBP on 26.02.2016

A retreat from the congestion of the upper fibo-levels has served as the beginning of a decline.
26.02.2016

Candlesticks analysis for EUR/USD and USD/JPY on 26.02.2016

On the 4-hour euro dollar chart the correction continues, the middle Window resists.
26.02.2016

Technical analysis EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD on 26.02.2016

The euro dollar currency pair could continue to develop the structure of the figure of continuation on the breakdown of the level of 1.1030.
25.02.2016

Fibonacci analysis for EUR/USD and EUR/GBP on 25.02.2016

The main current trend remains bearish, the beginning of which became a retreat from the congestion of the upper fibo-levels.
25.02.2016

Technical analysis EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD on 25.02.2016

The euro dollar currency pair extended the consolidation down and returned back into the consolidation range.
25.02.2016

Candlesticks analysis for EUR/USD and USD/JPY on 25.02.2016

On the 4-hour euro dollar chart there is a lateral correction, the bearish continuation pattern Three methods indicates the direction down.