Forex Market Analysis

There are two necessary methods in forecasting the currency market, fundamental analysis and technical analysis.

Fundamental analysis focuses on the economic, social and political forces that drive supply and demand. Fundamental analysts look at various macroeconomic indicators such as economic growth rates, interest rates, inflation, and unemployment. However, there is no single set of beliefs that guide fundamental analysis. There are several theories as to how currencies should be valued.

Technical analysis focuses on the study of price movements.