Fed remains on hold and the USD takes a hit The Fed remained on hold as was expected, yet the…
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Fed remains on hold and the USD takes a hit The Fed remained on hold as was expected, yet the…
Read MoreHawkish expectations for the Fed lift the USD The greenback, despite a bad start yesterday, managed to rebound in the…
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Oil prices drop as Middle East market worries ease Oil prices dropped in today’s opening as US and Iran halted…
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USD gains on safe-haven inflows The USD gained in the FX market fuelled on a fundamental level by worries about…
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ECB expected to remain on hold, but may sound hawkish The ECB is about to release its interest rate decision…
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USD wobbles amid conflicting fundamentals The USD remained stable, with markets focusing on the US-Iran conflict and worries for inflationary…
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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.