You need both!
Why Does Technical Analysis Work?
When it comes to either speculating or investing in the financial markets, there are two main approaches. The first being fundamental analysis and the other being technical analysis. Both these fields of study of the financial markets are different. Yet, they point to the same goal of buying low and selling high. Got your risk management sorted? Open your account now! In forex, technical analysis is the go-to form of study. Technical analysis is merely the study of past prices in order to predict future price movements. Traders focus on a number of methods such as studying chart patterns or using technical indicators ... (full story)