Technical analysis – how to understand it?
21-06-2024
There are two basic methods of analyzing financial instruments. It's technical analysis and fundamental analysis. The former focuses on charts and price movements in a nutshell. Beginner traders may feel discouraged by the multitude of methods of trading in the financial markets, so it is enough to learn about technical and fundamental analysis at the very beginning. Technical is the preferred choice in the Forex market. It is an over-the-counter market whose main feature is liquidity – it operates continuously twenty-four hours a day, five days a week and mainly includes transactions made through banks.