However, in the forex trading industry, the choice between fundamental analysis and technical analysis depends on the trader's strategy and individual style. Fundamental analysis focuses on economic indicators, news events, and macroeconomic factors to predict market movements. Technical analysis relies on studying price charts, patterns, and indicators to identify trends and make trading decisions. Some traders prefer a combination of both approaches, using fundamental analysis for long-term positioning and technical analysis for short-term trading. Ultimately, the choice depends on the trader's comfort, expertise, and the specific market conditions they are trading in.