What is Fundamental Analysis?

Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Introduction to Forex and other Forex topics.

What is Fundamental Analysis?

What is Fundamental Analysis?

Fundamental analysis refers to the strategy of understanding the countries currency you are trading by looking at it's economic strengths, key indicators, GDP, and capital flows. Trade deficits and flows are also very important in fundamental analysis for Forex.

It is an alternative to technical analysis, which relies on charts to spot trends.

Most traders use either fundamental or technical analysis in trader, and the two camps argue as to which approach is best.

   

Comments

Nobody has commented on this tip yet. Be the first.



Name:


URL: (optional)


Comment:


Not finding the advice and tips you need on this Forex Tip Site? Request a Tip Now!


Guru Spotlight
George Sayour