Technical analysis in Forex is the study of historical price data and market behavior to predict future price movements. Traders use charts and technical indicators (like Moving Averages, RSI, and MACD) to identify trends, patterns, and key support and resistance levels. The core idea is that price movements reflect all market information, and patterns tend to repeat over time. This method is often used for short-term trading decisions, relying on price action rather than economic data, making it popular for scalping, day trading, and swing trading. #firstdealoftheyearFateema