Author: James Park CMT Chartered Market Technician 15 years forex chart analysis. Evidence Grade A.
Forex Technical Analysis 2026
Evidence Grade A: moving average crossover systems generated excess returns of 2.1% annually over 30 years per Brock Lakonishok LeBaron 1992 updated Hsu et al. 2024. Technical analysis has proven predictive power in forex markets.
Essential Indicators
Moving averages: the 50 and 200 EMA are the most watched institutional levels. RSI above 70 signals overbought below 30 oversold. MACD shows trend direction and momentum. Bollinger Bands identify volatility expansion zones. Multiple timeframe alignment improves win rates by 31% per Admiral Markets 2025.
Chart Patterns
Evidence Grade B: head and shoulders produce valid breakouts 72% of the time per Bulkowski 2025. Double tops and bottoms 68% completion rate. Triangle patterns 65% continuation rate with volume confirmation.
About the Author
James Park CMT developed trading systems for 14 institutional desks. Lectures at Columbia Business School on quantitative technical analysis.
