ECB expected to remain on hold With the Fed’s interest rate decision out, we focus on ECB’s decision later today.…
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ECB expected to remain on hold With the Fed’s interest rate decision out, we focus on ECB’s decision later today.…
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Fed’s expected to remain hawkishly on hold Market attention today is expected to be on the Fed’s interest rate decision.…
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USD regains the momentum in the FX market The USD regained the momentum in the FX market given also the…
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Fundamentals to lead the FX market We are entering a busy week, full with high-impact financial releases and central bank…
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USD – Fed expected to remain hawkishly on hold The USD seems about tio end the week in the reds…
Read MoreJPY about to end the week in the greens Maybe the most characteristic move in the FX market was the…
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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.