Judging Fundamental Versus Technical When Dealing with Foreign Currency

The foreign exchange market is one that many people utilize as part of their investment portfolio. It can even be a way to build up a nest egg that can fund a small business of your own. But, obviously, that will only happen if you have the ability to judge the intricacies of the market with a great amount of efficiency.

And that often comes down to the strategy that you utilize.

Foreign currency chart

It often comes down to a debate between one of two tactics. Some use technical analysis, which focuses strongly on statistics and trends. Other prefers the usage of fundamental analysis, which is a way of determining the strength, or lack thereof, of the underlying financial instrument.…

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