Lesson 7 – Forex Market Analysis

Forex market analysis is essential for predicting currency movements and making informed trading decisions. There are three key types: Technical Analysis, which focuses on historical price data and chart patterns; Fundamental Analysis, which examines economic and political factors influencing a currency’s value; and Sentiment Analysis, which gauges market mood and trader sentiment. Successful traders often combine all three types of analysis to create a well-rounded strategy. By understanding and applying these tools, traders can enhance their ability to navigate the dynamic Forex market with greater confidence.