Technical or Fundamental-which one to choose?

After reading a post by a technical analyst calling our attention to the daily and monthly charts of EUR USD being over bought, with a bearish reversal pending, a fundamental analyst pointed out the current fundamental situation of the USD like cutting of interest rates, etc which indicates the fall of USD.

I found both analysis very useful and reasonable, but unfortunately contradictory, with one envisaging positive direction of USD but the other negative.

As a new and inexperienced trader, I now want to know the most reliable analysis, or how can we merge these two contrasting opinions?

Kenny

the big players leave their footprints on the charts

That's exactly why EURUSD is ranging.

Most reliable analysis? Who can know? You need a crystal ball to know that.
Now, the real question is: why you want to know that? To trade? You don't need predictions to trade, you need a proven system, and just execute it.

Traders buy and sell based on their opinions and needs. Their actions are recorded on the price charts.
Some have traded using TA, some with fundamentals and some with both.
The results of the two are clear to see as price action.

Sign up for the free info at elliottwave international, they will will provide enough evidence to show that it is not fundamentals alone that moves the charts.

My viewpoint is the biggest money in the market belongs to businesses, who use employees to trade. These employees do not want to make mistakes. Having a fundamental reason to back up their trading decision makes it harder for them to be sacked if they lose money. When a trade goes wrong, they can b/s their manager that the trade made sense based on the fundamentals. In turn the manager will b/s their superior with the same waffle. The result is a group hug and it's on to the next trade.

In day trading, I believe it is TA that rules, but you MUST BE AWARE of fundamental NEWS RELEASE TIMES especially if they are coded red.
Keep you trading simple. If you need lots of indcators to help you understand the price action, that is ok. A some point in the future you may decide to remove some of them.

A. Overbought is a symptom of a trend.

B. Whenever a trend has persisted for some time, there will always be those who start calling for a reversal. It's human nature, just as rooting against the Pats came naturally for so many people this year. It's an intrinsic, twisted part of our nature that we don't like winners after a certain amount of time.

C. There is no one reliable source or method of information. If there were, then someone would own you, me, and the world.

D. Don't believe anything you read, including the preceding statement.