There three main types of Forex analysis: fundamental, technical and Sentiment. In principal these three schools take different, and sometimes, contradicting approach, but in different periods each of them can be very successful. To the popular question ‘Which one to choose?” there are three popular answers.
Long-term traders who are interested in moving large capital would benefit from fundamental analysis, whereas day traders or short-term traders who want to invest in companies “on the verge of…” fundamental analysis is also for you. On the other hand, long-term traders who are not concerned with companies and “short” investors who wait for the right trading atmosphere should employ technical analysis.
The best way though is to use both of these methods as they complete each other really. Specialists in technical analysis will provide you with broad market prospective and trends while fundamentalists will bring to you a wider economical point of view based on the condition of some particular country economy. We don’t know which analysis method is better, but be sure that the combination of the three will get you farther.