DCX academy: FRX122 – 3 types of analysis

Notes on Apr 7, 2022

9:59  minutes

3 Types of Analysis

  1. Technical Analysis - is a combination of uses things such as support, resistance, and a combination of trendlines within the market.

  2. Fundamental Analysis - has to do with economic news and road events happening on a global scale that gets put up on a website like a forex factory.

  3. Sentimental Analysis - is developed over time through intuition it’s learning how to read the price action and understanding how the price is feeling, being able to learn how to read the candlesticks in the market, and learning how to read the wicks inside of the market you will be able to understand if the buyers or the sellers are in control of the trade.