EN 
FR 
ES 
KO 
PT 
ZH 
AR 
FA 
RU 
NL 
MS 
VI 
PH 
TH 
ID 
The USD remained relatively unchanged against its counterparts yesterday, given the slow start of the week as volatility tended to…
Read MoreThe USD remained relatively unchanged against its counterparts yesterday, given the slow start of the week as volatility tended to…
Read MoreApril’s US employment report had little effect on the USD as such, despite data coming out better than expected and…
Read MoreMarket worries of a recession have heightened in the last few weeks and with investor sentiment further deteriorating, we look…
Read MoreThe EUR tended to edge a bit lower against the USD and the pound yesterday, as EUR traders tended to…
Read MoreAs was widely expected the Fed delivered a 25-basis points rate hike yesterday and in its accompanying statement the bank…
Read MoreUS stock markets are stuck in quicksand, holding steady until the Fed’s interest rate decision later on today, as fears…
Read More
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.