Market Analysis

Market analysis is the process through which traders evaluate the anticipated future movements of a currency pair, offering valuable insights to guide their trading decisions. It serves as a crucial tool for traders, aiding them in making optimal choices in their daily trading activities by considering both fundamental and technical aspects of an asset.

Fundamental analysis centers on factors such as a country’s economic condition, future outlook, and the anticipated actions of central banks regarding interest rates. On the other hand, technical analysis concentrates on studying past price movements, identifying recurring chart patterns, and analyzing various relevant factors.