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FAQ Frequently asked questions about Technical Analysis
What is technical analysis in forex trading?
Technical analysis studies past price movement on charts to spot patterns, trends, and key levels. Instead of focusing on economic news, it uses tools like support and resistance, moving averages, and candlestick patterns to estimate where price is likely to move next.
How often are these analysis reports updated?
Our team publishes fresh analysis for major pairs and gold every trading day, so you always have current levels before the market gets busy.
Can beginners use these reports to trade?
Yes — each report explains the key levels in plain language. Pair them with a demo account first, keep position sizes small, and never risk more than you can afford to lose.
Which markets do you cover?
We focus on the most liquid markets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, and gold (XAU/USD). These have the tightest spreads, which matters most for new traders.
What are support and resistance levels?
Support is a price area where buyers have previously stepped in and pushed price up; resistance is where sellers have pushed it down. Traders watch these levels for possible bounces or breakouts, and they form the backbone of every report in this section.