Fundamental analysis in Forex allows to analyze various messages rendered by global events. The major goal of the fundamental Forex analysis is to determine which events can influence international exchange rates. News about stock trading and large market‐makers, international exchange rates of central banks, economic policy of governments, changes in national political life as well as various rumors and expectations matter for this type of Forex analysis.
Fundamental analysis is one of the most complicated and at the same time crucial types of the live Forex analysis. Success of the Forex fundamental analysis lays in determination of a clear mutual relation between two national currencies. For that purpose, one needs to understand how relations between those two states develop, know history of currency exchange rates, be able to forecast a total result and find a relation between events seeming to be completely untied at the first sight.
2020 | EURUSD | GBPUSD | USDJPY |
24 Januari | EURUSD trading plan: We are expecting an uptrend to develop. Traders increase long positions in the precious metals market. This is a positive signal for the European currency. The gold futures were up 0.5%, a mirror-image of the decline in global stocks after China quarantined Wuhan and six cities | GBPUSD trading plan: We are expecting a bullish rally in the British currency. Positive macroeconomic statistics from the UK on the labor market will not allow the Bank of England to reduce interest rates at the January 30 meeting. This is a good signal for the pound! Additional support for the Bri | USDJPY trading plan: The European Central Bank left its policy unchanged and launched a "strategic review" of its inflation goal and tools. It reaffirmed its pledge to keep rates at rock bottom or even cut them, while also buying bonds at 20 billion euros per month, until inflation in the euro zone |
23 Januari | |||
22 Januari | |||
21 Januari | |||
20 Januari |