Technical analysis is a method used to evaluate and predict the future price movements of financial instruments like currencies, stocks, or commodities by analyzing past market data, primarily price and volume. It relies on charts, patterns, and various technical indicators (such as moving averages, RSI, and MACD) to identify trends and market behavior. Technical analysis assumes that historical price movements reflect all information, and that prices move in trends. It is widely used in Forex trading to make informed decisions based on market patterns rather than fundamental factors. #firstdealofthenewyearFateema