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.
26 - 30 July |
weekly
forecast 26 - 30
July | ||
2021 | EURUSD | GBPUSD | USDJPY |
30 July | EURUSD trading plan: The bullish rally in the oil market will have a positive impact on the value of the European currency, since assets are correlated with each other. Crude inventories fell by 4.1 million barrels in the week to July 23, the U.S. Energy Information Administration said, helped by l | GBPUSD trading plan: U.S. real gross domestic product increased at an annual rate of 6.5 percent in the second quarter of 2021, reflecting the continued economic recovery, reopening of establishments, and continued government response related to the COVID-19 pandemic. The growth fell short of trade | USDJPY trading plan: The S&P 500 index scaled record highs, as a slate of strong corporate earnings reports and data showing a pickup in U.S. economic growth reinforced confidence in a post-pandemic recovery. Overall, of the 195 companies in the S&P 500 that have reported second-quarter earnings so |
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26 July |