Introduction
The chosen topic for this assignment is "The reliability of technical and fundamental analysis on the Forex exchange market" .
The area of research is of great importance's is in the financial market. Many traders believe most important question to any forex trader is how to forecast future market movements. The market fluctuations are often analysis using two core forecasting approaches, fundamentals and technical approaches (Frankel and Froot, 1986,1990). Similar to Dr T Oberlechner studies on the Importance of technical and fundamental analysis in the European foreign exchange market. Making profit and understanding the most profitable means to do is key for any trader. The value of the investigation is priceless to all traders (Stuart 2010). The research will undertake a Basic approach. Basic research can be called a fundamental approach used by a researchers curiosity or interest in a topic. The driving motivation is to expand knowledge of the area not to develop new ideas. (Khan 2010).In order to obtain a good research topic the researcher has taken into account the capability of the work. The capability can be measured in a variety of ways. At the researchers personal level the researcher must feels they are comfortable that they processes or can develop the research skills required to complete the studies. A good research topic is of great importance if it matches career goals (Creswell 2002).
With ambition of entering into the wealth management and trading industry on completion of formal education, the information and skilled gained will be used throughout that career path. A topic without full interest would lead to less interest and in turn hinder the production of critical high standard work (Creswell 2002). Which is why the goal of this research is to establish a high level of expertise in the particular trading industry.