What are the analysis methods of foreign exchange rate?

1, the basic analysis is mainly based on the basic factors affecting the foreign exchange rate, including the economic development level and situation of various countries, the political situation of the world, regions and countries, market expectations, etc.

2. Technical analysis refers to the past performance of the exchange rate trend in the speculative foreign exchange market, with the help of technical analysis tools to predict the future trend of the exchange rate and determine the strategy of entering and leaving the market. It aims at predicting the future trend of market price changes, and analyzes and studies market behavior by means of graphs, charts, forms and indicators of market behavior (price and trading volume in foreign exchange market) by using theories such as mathematics, statistics and price science.

However, experienced foreign exchange investors pay more attention to foreign exchange technical analysis, for the simple reason that the factors that affect the exchange rate are ever-changing, and it is impossible for anyone to grasp all the information, and the market trend is inclusive and digest everything, so it is enough for traders to study technical graphics, which is also the reason why technical analysis is popular in the foreign exchange market.

If you are doing long-term analysis, you should pay more attention to fundamentals, but if you are doing short-term, you can rely more on technical indicators. One of the recommended methods is to look for general trends from fundamental analysis, and then find trading points according to technical indicators.