Wednesday 11 June 2014

FX Market Analysis


FX Market Analysis
Forex analysis is used by the day Forex trader to find out whether to buy or sell a currency try at any one time.

Types Of Market Analysis
There Are Three Basic Types Of Market Analysis:

  • Technical Analysis
  • Fundamental Analysis
  • Sentiment Analysis
Technical Analysis
There are strategies for using technical analysis.
Technical traders use many different indicators together with S/ R and trend lines to aid them in predicting the futuredirection of exchange rates. These strategies rely on looking at the chart
Fundamental analysis using economic indicators and news based events.

Fundamental Analysis
Fundamental analysis in Forex is a kind of market analysis that involves learning of the economic situation.
Sentiment Analysis
Sentiment analysis is a type of Forex analysis that focuses on identifying and measuring the overall state of all contestants within the market.

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