Fundamental Data is a method of analysis applied strategically by traders.
The method is based on the theory that an instrument’s market price may have the tendency to reach its “real value.”
This type of data is based on analysis of the impact current global events and economic circumstances have on the Forex market, such as GDP, NFP, and monetary policy.
Technical Analysis is used to predict the movement of market prices based on past performance of various shares, Forex pairs, commodities and indices.
Technical traders typically apply mathematical indicators and charts to trade strategically.