Fundamental vs. Technical Analysis: Which One Wins in Forex?

Forex trading is a complex endeavor that entails understanding and predicting value movements in the international exchange markets. To make informed trading decisions, traders typically depend on two main approaches: Fundamental Evaluation and Technical Analysis. Both strategies provide valuable insights, but the question stays: which one wins in Forex?Understanding Fundamental AnalysisFundamental analysis focuses on the economic, political, and social factors that influence the supply and demand for a currency. It includes analyzing economic indicators, similar to GDP development, inflation rates, interest rates, employment data, and central bank policies. Traders using fundamental evaluation goal to determine the intrinsic value of a…