It is possible to trade on just technical analysis. And quite a few Forex traders operate just on that!
However, it's good to know that what moves the forex market at the very bottom - hence the name - is fundamental changes in value.… Read More
Between the two main schools of thought for analyzing the financial markets, technical analysis often trumps fundamental analysis. If you look around, technical analysis is more widely quoted than fundamentals. And almost any forex trader… Read More
Evidently, both fundamental and technical analysis are important for forex trading. But when talking to experienced, successful FX traders, there is often no agreement on which is more important. Nor is there a consensus on how much… Read More
Fundamental analysis is an approach to analyzing the markets by taking into account factors such as the social, economic and political issues. These factors tend to influence the supply and demand of the security in the question.… Read More