Thursday, February 12, 2009

ForexGen Market Fundamental vs. Technical Analysis


Currency traders make decisions using both technical factors and financial fundamentals. Technical traders use charts,trend lines, support and resistance levels, and numerous patterns andmathematical analyses to identify trading opportunities, whereasfundamentalists predict price movements by interpreting a wide varietyof financial information, including news, government-issued indicatorsand reports, and even rumor.

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