The BOJ’s interest rate decision occurred earlier on today. The bank remained on hold at 0.5% as was widely expected,…
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The BOJ’s interest rate decision occurred earlier on today. The bank remained on hold at 0.5% as was widely expected,…
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Overall since our last report, US stock markets seem to timidly be on the rise which could be implying that…
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The BOJ’s interest rate decision is set to occur during tomorrow’s Asian session. The majority of market participants are currently…
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The US JOLTs Job openings figure for March is set to be released later on today. The current expectations by…
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The Canadian Federal elections are to be held today and there seems to be a wide interest in the elections…
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As the week is coming to an end we have a look at next week’s calendar. On Monday, we get…
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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.