Prices are the tails, fundamentals are the dogs?

are fundamentals useful for forex ?


  • Total voters
    8
The technical analysis shows how the price moves, however, fundamental analysis shows what moves the price. I think using technical analysis alone is sufficient but if you want to go deeper into the things and understand the background, then it’s good to make fundamental analysis a part of your trading. It makes your decisions more subjective and you are not reliant solely on the indicators or other technical tools.
 
The technical analysis shows how the price moves, however, fundamental analysis shows what moves the price. I think using technical analysis alone is sufficient but if you want to go deeper into the things and understand the background, then it’s good to make fundamental analysis a part of your trading. It makes your decisions more subjective and you are not reliant solely on the indicators or other technical tools.
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