Technical analysis in forex trading involves analyzing historical price patterns and various technical indicators to make predictions about future price movements. Traders use tools like moving Moving Averages, MACD, RSI, and chart patterns to identify trends and potential entry and exit points for their trades. It's a valuable approach for traders to understand price patterns and market sentiment.

Market events like NFP or Interest Rate decisions, are anyhow also often used by traders to indicate potential times of large price movements.