Global markets remained focused on the strength of the US dollar as expectations for a hawkish Federal Reserve continued to…
Read MoreGlobal markets remained focused on the strength of the US dollar as expectations for a hawkish Federal Reserve continued to…
Read MoreThe US dollar continues to strengthen, supported by growing expectations that the Fed may maintain a hawkish policy stance for…
Read MoreUS equity markets are back in focus after the long weekend, with investors closely monitoring developments in US-Iran relations, movements…
Read MoreThe USD rally’s negative side-effects are becoming increasingly visible across global markets as the dollar continues to strengthen against major…
Read MoreMarkets are closely positioned ahead of today’s Fed’s interest rate decision under the limelight, with investors focusing less on the…
Read MoreThe US-Iran MoU agreed announcement has improved market sentiment, raising hopes for a de-escalation of tensions in the Middle East.…
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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.