Showing posts with label momentum indicators. Show all posts
Showing posts with label momentum indicators. Show all posts

Technical Analysis

Basic Forex forecast methods:

Technical analysis and fundamental analysis

This chapter and the next one provide insight into the two major methods of analysis used to forecast the behavior of the  Forex market.  Technical analysis and fundamental analysis differ greatly,  but both can be useful forecasting tools for the  Forex trader. They have the same goal - to predict a price or movement.  The technician studies the effect, while the fundamentalist studies the causes of market movements.