Technical analysis focuses on studying historical price charts and patterns to predict future price movements. Traders use tools like charts, indicators, and patterns to make trading decisions based on price trends.
Fundamental analysis, on the other hand, looks at the broader economic and financial factors that can influence a currency's value. This includes things like interest rates, economic indicators, political stability, and more.
In a nutshell, technical analysis is all about charts and patterns, while fundamental analysis dives deeper into the economic and political landscape to assess currency value.