Martin Essex | Analyst DFX | IG Australia

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved.

EUR/USD technical analysis: counter-trend rally may be over already
This month’s rally in EUR/USD from the $1.1704 low touched on 31 March has already run out of steam and the earlier falls in the pair may soon resume.
Martin Essex, Publication date : 2021-04-08T15:04:39+0100
GBP/USD latest: head-and-shoulders top points to falls ahead
The hourly GBP/USD chart shows a head-and-shoulders pattern that technical analysis suggests will lead to a near-term move to the downside before further gains.
Martin Essex, Publication date : 2021-01-27T08:52:13+0000
EUR/USD technical analysis: further gains likely after breach of $1.20
This week’s advance by EUR/USD to above the psychologically-important $1.20 mark makes a further advance more likely.
Martin Essex, Publication date : 2020-12-02T13:35:05+0000
IG client sentiment data send bullish signal on NZD/USD
Retail traders are increasing their already short positions in the NZD/USD pair, according to IG positioning data, leading to a bullish contrarian trading bias.
Martin Essex, Publication date : 2020-10-28T07:09:05+0000
EUR/USD rally possible as sentiment data sends bullish signal
EUR/USD has been weakening as risk-averse investors move into the perceived safety of the US dollar. However, IG client sentiment data suggests a bounce may be due.
Martin Essex, Publication date : 2020-09-24T14:11:00+0100
Bearish signal for USD/CHF from IG client sentiment data
The number of retail traders expecting USD/CHF to strengthen has increased over the past week, while the number expecting it to weaken has tumbled, sending a bearish signal.
Martin Essex, Publication date : 2020-07-01T13:37:06+0100
October rally in EUR/USD exchange rate may stretch further
The October rally in EUR/USD could extend further, with the technical picture positive and IG Client Sentiment data sending out a bullish trading signal.
Martin Essex, Publication date : 2019-10-09T10:44:05+0100
EUR/USD traders still bullish as eurozone rate cut nears
Martin Essex, Publication date : 2019-09-04T18:07:54+0100
GBP/USD: further losses likely as no-deal Brexit looms
Whether you study the fundamentals, favour technical analysis or use IG client positioning data, more weakness is possible for GBP/USD as a no-deal Brexit approaches.
Martin Essex, Publication date : 2019-08-07T17:21:26+0100

Martin Essex

Martin Essex is an Analyst at DailyFX, the partner brand of IG delivering leading forex trading news, charts, indicators and analysis.

Holding a degree in Mathematical Economics from the University of Essex, Martin has been writing about financial markets and the economy for some 40 years. Aside from his analyst work, he is a Member of the Society of Technical Analysts and has written a book on the bond markets.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You do not own or have any interest in the underlying asset. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Please consider the Margin Trading Product Disclosure Statement (PDS), Risk Disclosure Notice and Target Market Determination before entering into any CFD transaction with us.

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