There are two major methods of analysis used in forecasting the behavior of the Forex market; they are :-
1. Technical analysis
2. Fundamental analysis
They differ greatly but the trader can apply both to complement and supplement the study of the market for achieving superior results.
They also have the same goal i.e. to predict a price or movement of the market. The technical analysis studies the effect while the fundamental analysis studies the cause of market movement.
Fundamental Analysis has a very broad spectrum. One aspect looks at the general or qualitative factors; the other side considers tangible and measurable i.e. the quantitative factors.
Read about these analysis in following posts.
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