Forex Analysis and Graphs Summary

Forex Analysis and Graphs Summary

Types of Forex charts
Forex Analysis and Graphs Summary

• There are two options through which you can trade in Forex: fundamental analysis and technical analysis.


• The fundamental analysis is the analysis of the market according to the strength of its economy. (For example by saying that the dollar strengthened because the US economy is stronger).


• Technical analysis is the analysis of price movements. The technical analysis is based on the analysis of the graphs.


• Technical analysis also helps identify trends that can help us find trading opportunities to open an operation.


• To be a successful operator, you should always incorporate both types of analysis.

Chart Types

There are three types of charts:

• 1-Line charts


• 2-Bar graphs


• 3-Japanese candle charts

NOTE: This article is not an investment advice. Any references to historical price movements or levels is informational and based on external analysis and we do not warranty that any such movements or levels are likely to reoccur in the future.