By understanding the fundamental analysis of online Forex trading currency market analysis, which is manufactured using only the "real" events and macroeconomic data that relate to the currencies in the auction. Fundamental analysis is used not only for the Forex, it can be part of any financial planning or prediction. The concepts that are part of fundamental analysis of Forex are: short-term interest rate decisions of central banks, any macroeconomic news, international, industrial, economic and political news.Fundamental analysis - is the most common way to predict changes in the behavior of the market Forex. If you look in theory, it would be enough, but in practice it is often used in conjunction with technical analysis.
Technical Analysis - A market analysis, relying only on these numbers on the market: in quotes, charts, simple and complex indicators, volume of supply and demand, past market data, etc. The main idea of technical analysis is the phenomenon of functional dependence of the future market technical data from the data that were obtained earlier.
You can achieve success by using only technical analysis, but the professionals use in their practice, both fundamental and technical analysis.
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