There are two types of analysis forex movements. There is a fundamental and technical analysis. Some traders prefer technical while others are fundamental. There is no point in arguing that bolje.Izbor depends on what the dealer thinks he can help him make money from forex trading. The best would of course be a combination of the two.
for merchants who rely on fundamental analysis to predict currency movements, offer good opportunities for setting up a potentially profitable obrta.tržište usually react to specific news such as new trade and political policies or actions of countries frequently traded currencies. News of the economic situation, as well as disaster is almost the same effect on the market. Predicting the direction of the currency will go under the influence as a result of the news is not very easy task, but once discovered patterns; currencies will react a certain way to certain news, things are a little easier for the general rule is that. events that tend to weaken the economy of the country tend to weaken the currency.
The funny thing is that the dealers actually monitoring the reactions of other traders on the news. Traders react in this way or that depending on how they interpret the news. It will be good to always be able to tell where other traders will go practically determines where currencies will end. It is not easy and of course, but there are ways to detect patterns of currency movements after every news Forex news.
Using Forex software providing detailed historical data of daily market movements, we can say that the news affects the market and how his fellow traders read the news. Fundamental analysis allows a trader to detect patterns in the movement after forex Forex News and effective method for developing appropriate strategies forex trading.
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