* Fundamental Analysis: Fundamental analysis deals with analyzing the economic, social and political position of a nation as a whole to determine the value of its
currency and to determine whether the currency’s value will rise in the near future or whether it will fall down. The main principle behind this is that if the economy
of a nation is doing very well then its currency would also do well. Forex Trading Technical Analysis
Certainly the value of a currency of a nation which is having a growth rate of 10 % per year would be better than the value of a currency of a nation whose progress is
very slow. Similarly the currency of a developed nation will have higher stability than that of a developing nation. Fundamental Analysis basically means that a good
economy leads to higher currency value and a bad economy leads to a lower currency value. Forex Trading Technical Analysis
* Technical Analysis: Technical analysis deals with Forex Trading at the root or basic level. Technical analysis is the study of the price movement of a currency
pair.By this we mean that in Technical analysis we analyze the price of a currency pair with respect to time and find out the change in the value of a currency pair
over a certain interval in order to ascertain which is the best currency pair to invest in and at what time should the investment be made. Forex Trading Technical
Analysis
One of the most important thing that one must learn or try to interpret is trend. A trend is a situation when the value of a pair is either falling or rising
constantly. A trend can earn you money in forex trading. If you are able to find a trend and follow then you would surely gain from it. So it is important to find out
trends and follow them to earn a profit. Forex Trading Technical Analysis
From the above discussion we can conclude that Forex Trading has two aspects that need to be understood in order to gain an advantage over other investors as well as
the market. Complete understanding of Fundamental and Technical analysis techniques can help you earn a continuing profit in the Forex Market. Stop what you are doing
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