Mechanistic studies in homogeneous catalysis through the solution transition metal K Edge XANES (X-ray absorption near-edge structure) and EXAFS (Extended X-ray absorption fine structure) analysis for vanadium and titanium complex catalysts for ethylene polymerisation/dimerization, and syndiospecific styrene polymerisation, including interpretation of the XANES spectra, have been introduced. The core excitation spectra of the complexes based on the time-dependent density functional theory (TD-DFT) can be used to interpret the Ti and V K-edge features and to extract information on the electronic structure from the XANES spectra. Theoretical calculations and experimental XAS analysis should have great potential for analysing the active species.