Forex analysis examines the changes in currency pair prices and attempts to isolate which direction prices are going and where they may go in the future.

There are two types of Forex Analysis

• Technical Analysis:
  Technical analysis attempts to forecast future price movement through the mathematical analysis of past price action. Technical analysis involves the study of past and forex prices often though the use of charts with the objective of predicting future prices movements and trends, and identifying opportunities for profitable forex trading.

Some of the major Technical indicators are Bollinger bands, MACD (Moving Average Convergence and Divergence) , Relative Strength Index (RSI) and etc. Check Major Technical Indicators for detailed understanding.

• Fundamental Analysis:
  Fundamental analysis is the study of how global economic news and other news events affect financial markets. It is a way of looking at the forex market by analyzing economic, social and political forces that may affect the supply and demand of an asset.

Some of the major factors to look in to fundamental analysis are Inflation, Interest rates, NFP (Non Farm Payrolls), GDP (Gross Domestic Product) and etc.

Check Major Fundamental Indicators for detailed understanding.Take advantage of both of the analysis to help make better-informed trading decisions and to find more opportunities. Check Forex Market Analysis for better understanding.