ANALYSIS OF SECURITIES MARKETS
Global markets have become more closely correlated. What happens in one economy is quickly transferred to other economies because of integration and globalization; whatever happens to one market—also affects other markets. For example, if one country’s currency depreciates, its exports become more competitive and, thus, the exports of its competitor countries would decline ceteris paribus.
TECHNICAL ANALYSIS
Technical analysts develop trading rules from observations of past price movements of the stock market and individual stocks. Technical analysis involves the examination of past market data such as prices and the volume of trading, which lead to an estimate of future price trends and,