Investment is a technical activity. Investing in foreign exchange also places high demands on financial planners. Not only must they have a sufficient knowledge base, but also have a calm thinking brain. The foreign exchange market is changing all the time. Facing the market changes, a senior foreign exchange investor can analyze the forms that are beneficial to him at any time. The following is the foreign exchange analysis method that the editor brings to you.
Technical analysis is to predict the direction of market price changes through the analysis of market behavior itself. That is to say, it is important to analyze the daily trading status of the futures market, including price changes, changes in trading volume and open interest, and draw graphs or charts in chronological order, or form a certain index system for analysis to predict futures price trends. method. Forex technical analysis is to predict the future trend of market price changes as the purpose, using charts as the main method to study market behavior.
Fundamental analysis, also known as fundamental analysis, is based on the intrinsic value of securities and focuses on the analysis of various factors that affect the price and trend of securities to determine which securities to invest in and when to buy.
Fundamental analysis is mainly suitable for relatively long-period securities price forecasts, relatively mature securities markets, and fields with low forecast accuracy requirements.
If the mind of the trader cannot control the market, if the change in the psychology of the masses is ignored, there will be no chance to profit in the transaction. Sentiment analysis of the foreign exchange market helps traders understand the importance of the psychological level in the transaction, and then study the changes in the mood of the masses. Foreign exchange sentiment analysis studies the changes in the mood of the masses.
The more popular methods of foreign exchange analysis are to judge the possibilities ahead by observing historical trend patterns, as well as to find the method of operation timing. This is a skill that must be mastered in foreign exchange investment, and it is also the most basic common sense.