technical
adjective

referring to influences inside a market, e.g. volumes traded and forecasts based on market analysis, as opposed to external factors such as oil-price rises, wars, etc.

"...market analysts described the falls in the second half of last week as a technical correction" [Australian Financial Review]

"...at the end of the day, it was clear the Fed had not loosened the monetary reins, and Fed funds forged ahead on the back of technical demand" [Financial Times]

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Institute of Financial Accountants
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Institute of Chartered Accountants in England and Wales
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