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2025-05-20 22:37
IndustryCurrency pair prediction method in summary
#CurrencyPairPrediction
Currency Pair Prediction Methods – Summary
Predicting currency pairs (like EUR/USD or GBP/JPY) typically involves two main types of analysis:
⸻
1. Fundamental Analysis
Focuses on economic indicators and geopolitical events that influence currency values.
• Key Tools:
• Interest rates (e.g., Fed, ECB decisions)
• Inflation data (CPI)
• GDP growth
• Employment reports (e.g., NFP in the US)
• Trade balances
• Political stability and global events
• Strength: Captures macro trends and long-term direction.
• Weakness: Not precise for short-term trades.
⸻
2. Technical Analysis
Uses historical price data to forecast future movements.
• Key Tools:
• Chart patterns (head & shoulders, triangles)
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Currency pair prediction method in summary
#CurrencyPairPrediction
Currency Pair Prediction Methods – Summary
Predicting currency pairs (like EUR/USD or GBP/JPY) typically involves two main types of analysis:
⸻
1. Fundamental Analysis
Focuses on economic indicators and geopolitical events that influence currency values.
• Key Tools:
• Interest rates (e.g., Fed, ECB decisions)
• Inflation data (CPI)
• GDP growth
• Employment reports (e.g., NFP in the US)
• Trade balances
• Political stability and global events
• Strength: Captures macro trends and long-term direction.
• Weakness: Not precise for short-term trades.
⸻
2. Technical Analysis
Uses historical price data to forecast future movements.
• Key Tools:
• Chart patterns (head & shoulders, triangles)
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