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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.

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.
24.02.2016

Japanese candlesticks analysis for EUR/USD and USD/JPY on 24.02.2016

On the 4-hour euro dollar chart, the bearish Three methods indicate the direction down.
24.02.2016

Fibonacci analysis for EUR/USD and EUR/GBP on 24.02.2016

The Euro Dollar continues to decline, the beginning of which was the rebound from the congestion of the upper fibo-levels.
24.02.2016

Technical analysis of EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD on 24.02.2016

The euro dollar pair is under pressure to decline. In practice, the market once again formed around 1.1000.
23.02.2016

Fibonacci Retracements Analysis 23.02.2016 (EUR/USD, EUR/GBP)

The Eurodollar, after the rebound from the top of the cluster of Fibo levels began to decline.
23.02.2016

Forex Technical Analysis 23.02.2016 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD)

The euro dollar currency pair is trading in the structure of a declining wave to the refinement of the level of 1.0900.