Peculiarities of various movement directions of charts, indicators, monetary policies and GDP
Technical and fundamental analyses are based on different principles. The former asserts that the price is primary and all the rest is secondary, i.e. all the factors are reflected in the currency rate already. The latter, on the contrary, emphasizes that the price is affected by fundamental factors, which means the price is secondary. The right answer hasn’t been found yet, that’s why debates between “technicians” and “fundamentalists” seem to try finding out which came first – the chicken or the egg? Those debates aren’t often constructive and…
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