Slew of US data to shake the markets Market interest is expected to be concentrated on the American session today…
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Slew of US data to shake the markets Market interest is expected to be concentrated on the American session today…
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Fed policymakers to get attention In the FX market, the USD continued to strengthen, driven by high market expectations for…
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Since our last report Gold’s price, appears to be moving in a downwards trajectory. In today’s report we are to…
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Gold’s price falls on intensifying Fed rate hike bets The USD remained relatively stable today, despite opening with a slight…
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Financial releases increase in the coming week USD – September’s US employment report to rock the markets The USD is…
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USD strengthening continues in the FX market The strengthening of the USD remains the main characteristic move in the FX…
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Technical Analysts believe that every relevant market factor is already counted in the instrument’s price. As such, the only thing they need to analyse is the price movement.
Prices are always expected to form and follow trends, even at random. It is more likely for a price to continue a past trend than to move erratically.
Technical Analysts base their predictions on the observation that history tends to move in circles and thus repeat itself. They attribute historic price movement to market psychology based on fear or excitement. By trying to pinpoint these emotions when analysing chart patterns and understanding movement trends, analysts aim at predicting future price movement from market sentiment.
Peter Iosif
Senior Research Analyst
Chartered Accountant (ACA), Member of ICAEW
All trading involves risk. It is possible to lose all your capital.