3 Kinds of Analysis in the Forex Market

1. Fundamental Analysis

The focus of fundamental analysis in the forex market is the interest rate of a central bank. However, in practice, other fundamental factors are also taken into account such as Gross Domestic Product (GDP), inflation, manufacturing business climate, and other data that summarizes economic activity in a country. It doesn't really matter whether the release of fundamental data is good or disappointing. What needs to be considered is how it affects the outlook for the country's interest rates.

2. Technical Analysis
Technical analysis includes forms of price movement patterns to determine the highest probability of entry and exit. Because of the ease of interpretation and application, technical analysis is always used by almost all forex traders.

3. Analysis of Market Sentiment
Recent market sentiment analysis is widely used in addition to fundamental and technical analysis. If you see prices moving in a certain direction, that means the majority of traders have committed to that position, or the sentiments of traders are in that position. The sentiment of market participants can be seen with certain indicators such as the Speculative Market Sentiment Index (Selling / Buying Ratio) that is sometimes provided by certain brokers.


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in my opinion the most accurate but also the most difficult market sentiment analysis, so many traders prefer the easiest analysis, technical analysis.

I only rely on technical analysis and a little knowledge of fundamentals, I must be confident in the analysis that I do because trading is risky.

In my opinion, market sentiment analysis is the most difficult to do by a trader because the sentiment of Pasa includes both types of sanalisa, one of which is often relied on by traders, namely a combination of technical and fundamental analysis and added with knowledge of market psychology.

of the three types of analysis that I think is most often used is technical analysis although other types of analysis are more accurate and also more difficult to learn.

from my understanding the easiest and most widely used analysis is technical analysis while the least used and quite difficult to learn is market sentiment.

Sentiment analysis, even though it has started to be used, there are still not many traders who know the sentiment analysis.
as well as me who have not understood too deeply about sentiment analysis.

I hope to find out a lot of knowledge on this topic.

Of these three types of analyzes the most widely used are technical analysis because it is easier and more simple to practice, and the results can be better