Market attention may shift as traders reassess recent USD strength amid changing macroeconomic signals and shifting risk sentiment across global…
Read MoreMarket attention may shift as traders reassess recent USD strength amid changing macroeconomic signals and shifting risk sentiment across global…
Read MoreJPY at dangerously low levels remains one of the key themes in the currency market, as the Japanese yen continues…
Read MoreGlobal markets opened the week with a cautious tone as investors weighed mixed macroeconomic signals and shifting geopolitical risks, including…
Read MoreMarket’s hopes for US-Iran diplomacy are enhanced as recent developments suggest a potential pathway toward de-escalation, with reports indicating that…
Read MoreFundamentals to lead the markets The USD remained relatively stable yesterday and during today’s Asian session and given the low…
Read MoreThe USD maintains a wait-and-see position We continue to view safe-haven flows as the main determinant for the USD’s direction…
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.
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