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Analysis in forex

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  • Analysis in forex

    Technical analysis that reads facts and data based on the previous history of price action. Fundamental analysis seeks to identify factors and conditions that affect the market economy. Several economic, political, and social events affect forex and its price movement. A forex trader who understands these factors and can make a profit from the forex market. In my case, my broker Eurotrader provide all kind of information to analyze the market properly.

  • #2
    There is constant movement in the forex market. If a trader cannot analyze properly, he will not be able to gain profit by trading. If a trader wants to survive in the forex market, he has to participate in trading through analysis. If the proper analysis is not done, it will be very difficult to make a profit.

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