1. Technical Analysis
it is used to access the money movement by watching the chart
and by inserting some indicators. Technical analysis gives
information of the past money movements so we put some
support and resistance lines and get the idea of future happenings.
2. Fundamental Analysis
Fundamental analysis is a style of looking at the currency
market by analyzing the economic, social, and political
happenings that also take part in making the money go or
down the chart. Before making any trade, we should be
having an idea of current economic affairs of both the
countries, which currency we’re trading with.
3. Sentiment Analysis
Difficult part --- I'm not saying that it’s a difficult
part to learn. It is difficult part of analyzing the Forex
market. The sentiment analysis is the assessment of how the
other traders are doing, how they react to the market.
Every trader has his own way of thinking and it’s all
up to them how they play the role of moving the market.
Yes… traders have the ability to move the market.
This simple verse will explain everything. QATRA QATRA
SAMANDAR BANTA HAI.
Yes... just like you, there are uncountable people who
are trading Forex in the world.
A few people in the Wall Street have enough money that
they can somewhat guide the price in whatever position they want.
So it’s all up to you… how you analyze this thing, how
you gonna get the news of what’s gonna happen in the
future of Forex market.
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