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.
08 - 12 March |
weekly
forecast 08 - 12
March | ||
2021 | EURUSD | GBPUSD | USDJPY |
12 March | EURUSD trading plan: The ECB Governing Council will continue to provide ample liquidity through its refinancing operations. In particular, the third series of targeted longer-term refinancing operations remains an attractive source of funding for banks, supporting bank lending to firms and househol | GBPUSD trading plan: The bullish rally in the oil market will have a positive impact on the value of the British currency as the assets are correlated with each other. Global oil demand is set to benefit from stronger economic recovery and vaccinations in the second half of this year, OPEC said, ad | USDJPY trading plan: The S&P500 and Dow hit record highs, led by surge in tech stocks on easing fears about a disorderly rise in U.S. rates. Given the selloff in bond prices, which trade inversely to yields/rates, over the past month, there were concerns that the market wasn't ready to buy bonds an |
11 March | |||
10 March | |||
09 March | |||
08 March |