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.

Bitcoin and Ether in front of stock market: a visual representation of the crypto market's relationship with traditional stocks.

Crypto Outlook: What’s next for BTC?

January 29, 2024 | Financial News

The USD was stable yet tended to edge a bit lower against its counterparts on Friday, possibly under pressure by…

Fed’s interest rate decision ahead

January 29, 2024 | Financial News

The USD was stable yet tended to edge a bit lower against its counterparts on Friday, possibly under pressure by…

Fed’s and BoE’s interest rate decisions along with January’s US employment data

January 26, 2024 | Financial News

As the week draws to a close we open a window at what next week has in store for the…

ECB stands pat, US GDP rate slows down less than expected

January 26, 2024 | Financial News

The USD edged lower against its counterparts yesterday even though the preliminary US GDP rate for Q4, slowed down less…

ECB’s interest rate decision due out today

January 25, 2024 | Financial News

The ECB’s interest rate decision is due out today. The majority of market participants appear to expect the bank to…

Equities report: Bulls pushing US equities markets higher

January 24, 2024 | Financial News

With the earnings season ongoing US stock markets rally with the major US stock market indexes reaching new record high…

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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.

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