Forex analysis is basically the research that you do before you take a trade. For example you need to know which direction the market is heading and when it may turn around and start coming back the other way. You also need to identify safe places at which to enter the market once you are sure of the direction along with entries you need to know where you’re going to get out of your trade if it goes wrong, and you need to know where you’re going to take your profits if it’s a good one.
Fortunately there are some really powerful tools that professional traders use to make all these crucial decisions and we are going to show you them.
There are two distinct types of analysis that traders use when approaching the markets, Fundamental analysis and technical analysis.
Next: Fundamental Analysis