The question has been raised up concerning the point what technical analysis deals with. It is generally associated with profound investigation of the history-based price movements aiming at determining future price points. The field analysts are convinced that price point alterations depend on the number of factors, both from the present and past moments. It has enabled to predict what is about to happen with prices in the future.
In other words, the future prices are usually studied regarding the overall price history. Experts research price point oscillations of the particular period to determine what happens in the future.
There is no secret that technical analysis does not make entirely correct and accurate prediction. Otherwise, the technical analysis study makes possible for market players to set the course which will be led by price oscillations within the frame of specified period of time. It can be compatible to currencies, traditional commodities of commerce, shares and indices alongside market tools which oscillations depend on the shifts in demand/supply curve.