EN 
FR 
ES 
JA 
KO 
PT 
ZH 
AR 
FA 
RU 
NL 
MS 
VI 
PH 
TH 
ID 
The greenback seems poised to end the week lower against a number of its counterparts, in one of the worst…
Read MoreThe greenback seems poised to end the week lower against a number of its counterparts, in one of the worst…
Read MoreLeaving behind us an interesting week, which had a number of surprises instore for the markets, we take a look…
Read MoreThe greenback remained near a two-week low level against some of its counterparts yesterday, following US Treasury yields which also…
Read MoreThe greenback weakened to a two-week low against a basket of its counterparts yesterday after U.S. treasury yields declined as…
Read MoreUS stockmarkets rallied yesterday, with the Dow Jones and the S&P 500 reaching new record highs, while Nasdaq also was…
Read MoreUSD tended to gain against most of its counterparts on Friday, after a stellar employment report, where the NFP figure…
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.
Thank you for visiting IronFX
This website is not directed at UK residents and falls outside the European and MiFID II regulatory framework, as well as the rules, guidance and protections set out in the UK Financial Conduct Authority Handbook.
Please let us know how would you like to proceed:
(Recommended for UK residents)
Thank you for visiting IronFX
This website is not directed at EU residents and falls outside the European and MiFID II regulatory framework.
Please click below if you wish to continue to IRONFX anyway.