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How to analyze foreign exchange and what are the main contents of foreign exchange technical analysis?

The technical analysis of foreign exchange market aims at predicting the future trend of market price changes, and studies market behavior with charts as the main means.

Technical analysts usually ignore the causes of price fluctuations. In the early stage of price trend formation or when the market is at a critical turning point, no one often knows exactly why the market behaves so strangely. It is at this critical moment. Technical analysts often find their own way and hit the nail on the head. Therefore, with more and more market experience, the more this happens, the more irresistible the ability of "market behavior is inclusive and digests everything".

Naturally, since all the factors that affect the market price will eventually be reflected through the market price, it is enough to study the price. In fact, technical analysts only let the market reveal its most likely trend by studying price charts and a large number of auxiliary technical indicators, rather than the analyst "conquering" the market with his shrewdness. All technical tools are only auxiliary means of market analysis. Technical experts certainly know that there must be reasons for the ups and downs of the market, but they think that these reasons have nothing to do with analysis and prediction.