#AITradingAffectsForex Predictive analytics utilizes AI and statistical techniques to forecast future outcomes based on historical and current data. In Forex trading, predictive analytics is primarily used for price forecasting, attempting to predict the direction and magnitude of currency price movements in both the short term and the long term. Various AI models, including neural networks, regression analysis, and time series models, are employed for this purpose. While AI can identify complex patterns and correlations that might influence future prices, it's important to acknowledge the inherent limitations of forecasting in a complex and dynamic market like Forex. Unforeseen events and market sentiment can significantly impact price movements, making perfect prediction an unattainable goal. Therefore, while AI-powered predictive analytics can provide valuable insights, its forecasts should be considered as probabilities rather than certainties.