Forex Trader skills for your resume and career

Technical analysis forecasts movements in finance instruments such as stock prices and investment opportunities using past data, charts, and statistics. This method contrasts with fundamental analysis which focus more on a company or investment's current financial situation.

Fundamental analysis is a vital part of business, finance, and economics. It entails the measuring and analysis of factors concerned with business, finance, concerning the economy. Companies, and businesses that deal with a financial transaction, which is all, require certain skills for this field.

Foreign currency is a medium of exchange made of coin or paper that is printed and used in other countries. A foreign currency cannot be used to buy goods and services in any country other than the one in which it was printed unless the government of that country approves its use. Banks trade foreign currencies either by the actual handling of currency or checks or by establishing balances in foreign currency with banks in those countries.

Economic data, also known as economic statistics, refer to quantitative measurements that record the economy. This allows companies and researchers to determine what the economy was like during a certain period of time compared to other economies, whether another country's economy at the same time or compared to the same economy years in the future.

The Profit and Loss - P/L is a financial statement that summarizes the revenue, costs, net income, and expenses incurred during a specific period of time, usually a month, a quarter, or a fiscal year. It shows whether a business or company is profitable or not, that is, generating money or losing money, and it is essential for analyzing the performance of a business.