What do people use more? Technical or Fundamental Analysis?

[Rishi Sinanan]

Hello - I am trying to get a sense of what people use more - Technical or Fundamental Analysis? Which is better for trading Forex? Thanks!

 

[Rudolph]

In my experience, fundamental analysis is used more frequently for choosing long-term investments in a wide collection of securities and markets.

Whereas technical analysis is used on any security using historical trading data.

 

[ANDREWK]

Hello - I am trying to get a sense of what people use more - Technical or Fundamental Analysis? Which is better for trading Forex? Thanks!

You have to use both. Thyey work hand in hand.

 

[Akwin]

Greetings,

Hope you're having a good day.

I am excited to know about what are the major advantages of technical analysis compared to fundamental analysis?

Your prompt reply would be highly appreciated.

Sincerely,

Akwin

 

[mlawson71]

Personally, I have not seen any statistics on the matter and I can just speculate. Both seem to be pretty popular.