Fundamental Analysis is trading based on economic analysis of the markets so trading based on the expected economic situation in a country or trading as a result of significant news announcements.
The most successful traders will always be those that use a combination of both categories of trading because regardless of how much technical analysis it is possible to do, the markets still have the capacity to do completely the opposite to that which is expected as a result of significant or unexpected economic news being published.
Of the many courses and software packages that are available to trade the markets, new users that are entering the Forex market should be careful to ensure that they are using a method or a software package that deals with both technical and fundamental analysis of the market. If necessary they should take proper forex trading training.
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