Forex traders base their trading decisions on either technical indicators on their charts or on the trends in economy. Therefore there are two major way to analyze the currency movement: technical analysis and fundamental analysis.Below are my thoughts and my currency trading tips.

You may wonder which approach of market analysis to take. It is really up to your personality. There are many traders who trade only using technical indicators and think that making decisions based on fundamental factors is not profitable. However there are other traders who may think the opposite way.