Inflation eases in the US economy The US CPI rates for June came in lower than expected, weighing on the…
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Inflation eases in the US economy The US CPI rates for June came in lower than expected, weighing on the…
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June’s US CPI rates Market focus is expected to be placed on the release of the US CPI rates for…
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USD edges lower in the FX market The USD edged lower in the FX market yesterday and during today’s Asian…
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Fed’s meeting minutes to shake the markets The USD edged higher, possibly supported on a fundamental level by some safe…
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RBNZ about to hike rates after three years The USD seems to have halted its bearish movement in the FX…
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JPY continues to be weak The USD seems to be finding its footing after the long weekend and the weak…
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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.
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