Why should I use fundamental analysis?

To get a full picture of the market, you need to use not only technical but also fundamental analysis in trading.

Fundamental analysis is the analysis of the impact of different economic factors on the currencies of countries, raw materials, company stocks, and market indices.

If technical analysis is primarily focused on a short-term (current) assessment of the situation, then fundamental analysis focuses on a longer and more far-sighted assessment. Using the two types of analysis simultaneously in trading allows you to trade as effectively as possible.