The three main countries that trade Forex are the United Kingdom (32.4%), the United States (18.2%) and Japan (7 .6%).Forex traders generally plan their trading strategies around two types of Forex analysis: fundamental and technical. Fundamental analysis uses economic and political factors, such as unemployment rates, interest rates, or inflation, as a means of predicting currency movements. Fundamental analysis deals with the reasons or causes of currency movements. A technical analysis uses historical data as a means of predicting currency movements. The technical analyst believes that history repeats itself again and again. Technical analysis is not concerned with the reasons for currency movements (for example, interest rates or inflation). Instead, he believes that historical currency movements are a clear indication of future ones. Some Forex traders depend on fundamental analysis while others depend on technical analysis. However, many successful Forex traders use a combination of both strategies. However, the important point to remember here is that no strategy or combination of strategies is 100%