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In this section we will outline the different types of tools and analysis used by forex traders in their attempt to anticipate future price action and understand the reasons behind a move in the markets. The sections below, which cater for the most basic of traders to the expert investors, are aimed at providing insight on how markets work and to what elements drive prices.
The studies or analysis used by traders may range from technical indicators to candlestick patterns, from global economic indicators to chart patterns and advanced theories. We will highlight the most important features of the various indicators, and other tools that are used to assist traders when speculating on the forex markets.