Technical analysis is based on simplification and ease of analysis and is not complicated. It is based on technical analysis of price charts.
Fundamental analysis is based in general on the study of economic factors and their impact on the private currency in the issuing country or on the industrial sectors to study the shares of companies in them.
Studies are often based on events such as disasters and wars, economic news such as interest rates and inflation, or economic data such as unemployment, employment and prices..
Technical analysis in the financial markets is one of the most important ways to study the past trend of the price of a particular financial instrument or derivative.
It attempts to predict future prices and determine the trends of the curves.
Through it, many specialized programs are used to convert price changes into graphs that link the price to time.
Every professional trader in the financial markets must learn this type of analysis to achieve profitable and satisfactory results.
Learning technical analysis is very easy and flexible as any trader can learn it very easily and very quickly.
What is technical analysis in the forex market?
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Technical analysis in the financial markets is one of the most important ways to study the past trend of the price of a particular financial instrument or derivative. So that it attempts to predict future prices and determine the trends of curves
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