technical analysis market

technical analysis market


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What is best for the currency market, technical analysis or fundamental analysis, and why?

Academic studies show that the assumption that FX prices follow a random walk is better at predicting the future price of FX that any method. The piece of information that has been shown that is a good predictor of future movements is FX order flow. Unfortunately, banks have this information – and private investors do not. This puts individuals at a distinct disadvantage.



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