Since our last report Gold’s price, appears to be moving in a sideways trajectory. In today’s report we are to…
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Since our last report Gold’s price, appears to be moving in a sideways trajectory. In today’s report we are to…
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USD remains subdued in the FX market The US dollar remained at low levels for the month. Across the Atlantic,…
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USD – Fed’s intentions in the epicenter of attention The USD prepares to the week in the reds, after four…
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Fed rate hold expectations intensify with Fed Warsh’s comments Fed Chair Warsh spoke before an IMF summit, in which he…
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September’s US CPI Rates could shake the markets Market focus today is expected to be on the release of the…
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USD treads water The USD slipped in the FX market in today’s Asian session, relinquishing some of Monday’s gains. It…
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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.