Joe Hoover Posted December 10, 2017 Report Posted December 10, 2017 There are two basic types of analysis widely used by financial analyst: fundamental analysis and technical analysis. In fundamental analysis, we basically try to determine the price of a currency by analyzing the fundamentals of it, the core element on which price is dependent. The basic fundamentals of a currency are a nationΓ’β¬β’s government policy, socio_economic environment, political environment, its relationship with global economy, etc. fundamentalists try to predict the price by analyzing trends in the market. Quote
binaryowner Posted October 25, 2024 Report Posted October 25, 2024 Fundamental analysis help trader to foresee and determine the development in the price trends of currencies, based on which, he attempts to predict market changes and make profits. I do this with autochartist which is provided for free by HFM, for example, if I can't struggle to find trading pattern Quote
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