EN 
FR 
ES 
JA 
KO 
PT 
ZH 
AR 
FA 
RU 
NL 
MS 
VI 
PH 
TH 
ID 
The Kiwi weakened against the USD, ahead of the release of RBNZ’s interest rate decision, tomorrow during the Asian session…
Read MoreThe Kiwi weakened against the USD, ahead of the release of RBNZ’s interest rate decision, tomorrow during the Asian session…
Read MoreThe markets opened on Monday with a pinch of worry about the US-Sino relationships and the prospects of global growth.…
Read MoreAs the current rattled the markets, we move on to check out what next week has in store for us.…
Read MoreToday in the late the European session (12:00, GMT) BoE’s interest rate decision is to be released and pound traders…
Read MoreThe USD strengthened against several counterparts yesterday, as hopes about the trading relationships of the US and China kept rising.…
Read MoreA was widely expected RBA remained on hold at +0.75% today, yet the accompanying statement strengthened the Aussie somewhat. In…
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.