Basics of Fundamental Analysis and Its Possible Use in FX Trading
I am sure that almost anyone who has ever been curious about trading has heard about fundamental and technical analyses. As with many popular terms, there’s a good deal of misunderstanding with both.
Most likely, you know that there is an analyst profession and that this profession is in demand in the financial industry. You might have even considered this profession for yourself because you heard that modern analysts use advanced computer technologies and come from the world of data science. However, there is a crucial difference between the two concepts; thus, the mathematical and computer inventory used with each of them is radically different. Moreover, their use in actual trading algorithms is also quite different. Let’s have a deeper look into both and see how (and if) we can use them in our applications.
We will review the key principles of fundamental and technical analyses, learn how markets...