Technical vs fundamental analysis
There are two ways to analyse the forex market: fundamental analysis studies the causes (the economy behind a currency), while technical analysis studies the consequences (the price on the chart).
Fundamental analysis
Looks at interest rates, growth, jobs and inflation to judge what a currency should be worth. Best for the big picture. Learn more in fundamental analysis explained.
Technical analysis
Reads the chart itself — support, resistance and trend, patterns and indicators — to time entries and exits.
Using them together
Most professionals combine both: fundamentals for direction, technicals for timing. Each answers a different question — "which way?" versus "when?".
Or let FxErvin do the analysis
Our analysts run both kinds of analysis for you and publish the result as a ready-to-trade signal — the benefit without the screen time.