The MACD is a simple, yet effective indicator. This article will explain how to interpret and use the MACD for technical trading. The MACD can provide a visual snapshot to analyse trends, which allows traders to scan charts rapidly. That makes it an invaluable tool of technical analysis, especially in today’s global village with myriad financial instruments being available to traders at the click of a mouse, as in the CMC Markets NextGen platform.
Fibonacci retracements are a popular form of technical analysis used by traders to predict future potential price support and resistance levels in the markets.
Technical analysis is a form of analysis used by traders to evaluate future price action based on historical price data.
Chart pattern analysis consists of a set of pre-defined patterns formed by moving market prices. Chart patterns are used by traders and analysts to identify potential entry and exit points in the markets.
US equities consolidated for a third consecutive day following the White House announcement of the most radical tax reform plan in decades.Though this should theoretically have a huge impact on society, the...
Investors are currently considering the old cliché ‘sell in May and go away’, which suggests that stock markets will incur heavy selling in the month of May. This phenomenon is typically due to seasonality as well as psychological hints, which in turn reinforce the selling pressure.
Fears about the effect of Brexit eased over the last few weeks as UK Prime Minister Teresa May finally triggered the Article 50 on 29th March, kicking off the start of a two-year long process of leaving the EU.
We’ve just entered Day 60 of the Trump administration and there is little cause for celebration outside of Wall Street. US equities are still refreshing their record highs buoyed by optimism surrounding “Trumponomics” – tax reform, deregulation, an infrastructure plan.
Global equities rallied on Thursday, cheering the Fed’s decision to raise interest rates by 25 basis points (bps) as it not only provided certainty around monetary policy but also strengthened investors’ confidence in the US economic outlook.
One of the most useful technical patterns is a sideways trend (or range). It allows a simple, mechanical strategy to be followed as detailed below.