The Fundamentals of Forex Explained by Barry Norman
Fundamental analysts study everything from the overall economy and industry conditions to the financial condition and management of companies. Technical analysis is the evaluation of securities by means of studying statistics generated by market activity, such as past prices and volume.
Fundamental analysis is built on the idea that the market may price a security wrong from time to time. Profits can be made by finding under-priced assets and waiting for the market to adjust the valuation of the company. By analyzing the financial reports from companies and or economies you will get an understanding of the value of different assets and understand the pricing in the market.