Fundamental analysis

Fundamental analysis helps a trader lot. But you have to give enough time to learn it. It's a big syllabus. If you have that much willingness, dedication and time, go and study. You just can't be an expert by reading few things. I personally prefer technical analysis.

Agreed fundamental analysis is quite important for trading. To be a successful trader it is important to know about the fundamental and technical analysis both.

A good trader's arsenal of knowledge should include knowledge and ability to use both technical and fundamental analysis. This is the basic knowledge that helps in his work.

I agree with the belief that two types of analysis need to be known and understood to be effective

Many professional traders do fundamental analysis. They have achieved success by doing fundamental analysis. But it is very important to have a real idea about it.

Fundamental forex analysis is the basis, the foundation for the study and forecasting of the market. It is the fundamental events that set the nature and direction of movement of currency quotes.

Every trader wants to become successful in this market. But it is not easy at all. If you want to become successful in the forex market, you need to make a proper plan and strategy. Without a proper strategy, you can not survive in the market.

It’s true that fundamental and technical analysis is a vast topic and demands learning with discipline and patience. If you are successful in understanding the fundamentals and technicals of any currency pair, you’ll always be a step ahead

I also agree with you both are important. But many neglect the fundamental term.

Both fundamental and technical analysis are important. But fundamental analysis needs deep knowledge of economy of a country whereas technical analysis is chart based.

@RobSchiz Yes technical analysis is very important for online forex trading. But if anyone can combine both technical analysis and fundamental analysis together, he can do better.