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Financial News

Latest Forex Trading News & Expert Technical Analysis

Make informed trading decisions based on breaking forex news and insights provided exclusively to our clients by our award-winning research team. As an online trader, keeping yourself updated with the latest financial news and events is important to your chances of success.
October US CPI rates stand out

USD – October’s US CPI rates to be the next test for the greenback The USD seems about to end…

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US stock markets deep in the reds

US stock markets, deep in the red   US stock markets tumbled yesterday as market worries for the AI sector resurfaced.…

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Market volatility enhanced after Democrats’ triumph

Oil tumbles as hopes for diplomacy in the Middle East rise In maybe the most influential market movement yesterday, oil…

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Democrats’ win sweeps the markets

Democrats seem to be winning in a landslide The blue wave is sweeping the markets as the Democrats seem about…

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US midterm elections

US elections could shake the markets The USD continued to weaken in the FX market yesterday. The US midterm elections…

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US midterm elections

The US midterm elections, are in the market’s focus, as nothing less than US President Trump’s total control over the…

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What is Technical Analysis?

Technical analysis is a method used in the evaluation of investments and in the identification of trading opportunities derived from the analysis of statistical trends and patterns forming in the historical price and volume data charts of a trading instrument or asset.

Technical Analysis is based on 3 general underlying assumptions:

The market discounts everything

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.

Price moves in trends

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.

History tends to repeat itself

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.

IronFX Daily Technical Analysis

We understand the importance of making informed decisions in online trading and we want our traders to be able to do so.
Therefore, our dedicated research team comprised of expert finance analysts provides daily technical analysis on the hottest instruments and assets for all IronFX clients. With the proper information, you can plan your forex trading moves with calculated precision which can allow you to formulate solid strategies with the power to minimise your risk exposure and to significantly improve your trading chances. However, simply keeping yourself updated on trading news and important market events is not enough. To be able to make predictions on future market movements, you will need to learn about technical analysis, and how to use it. Trading professionals and trading veterans use Technical Analysis to predict future price movements, trace support and resistance levels and spot new trading opportunities as they arise. They often use the following types of indicators:

Support & Resistance levels

Volume and momentum indicators

Price Trends

Chart Patterns

Oscillators

Moving Averages

Technical Analysis in Online Trading

Almost any tradable asset such as currency pairs, commodities, futures, shares and bonds is affected by the forces of supply and demand, something which is reflected in the asset’s price movements. In online trading, there is a multitude of patterns, signals and trading systems that have been developed by experts and researchers to help them predict and trade price movements.

Meet our Head Analyst

Peter Iosif

Senior Research Analyst

Chartered Accountant (ACA), Member of ICAEW

Mr. Iosif joined IronFX in 2017 as part of the sales force. His high level of competence and expertise enabled him to climb up the company ladder quickly and move to the IronFX Strategy team as a Research Analyst. Mr. Iosif has earned a BSc in Business Management from the University of Macedonia (Greece) and continued to become a fully qualified member of the Institute of Chartered Accountants in England and Wales. Prior to joining IronFX as an Analyst, he was positioned in various positions as auditor, consultant and finance director specializing in fields such as business turnaround strategy, dynamic linear models, cash flow management and negotiations.

Join IronFX today and make the most out of forex trading!

All trading involves risk. It is possible to lose all your capital.