The USD edged lower against its counterparts yesterday as market worries for the US employment market intensified. The release of…
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The USD edged lower against its counterparts yesterday as market worries for the US employment market intensified. The release of…
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Since the start of the week the NASDAQ 100, S&P500 and the Dow Jones 30 have moved lower. We are…
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After our concerns for France mentioned in yesterday’s report, we note that across the Channel the GBP suffered a hit…
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The USD edged higher against its counterparts in today’s Asian session and seems ready to break a five-day losing streak.…
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The USD edged lower against its counterparts in today’s Asian session, given that market worries are reignited as September begins.…
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The week is nearing its end and we have a look at what next week has in store for 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.