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.
25 - 29 January |
weekly
forecast 25 - 29
January | ||
2021 | EURUSD | GBPUSD | USDJPY |
29 January | EURUSD trading plan: German annual consumer prices turned positive and rose by far more than expected in January, the Federal Statistics Office said. Consumer prices, harmonized to make them comparable with inflation data from other European Union countries, rose by 1.6% year-on-year after declinin | GBPUSD trading plan: New home sales increased 1.6% to a seasonally adjusted annual rate of 842,000 units last month, the Commerce Department said. The government reported last week that housing starts soared in December to their highest level since September 2006. Permits for future homebuilding we | USDJPY trading plan: The demand for gold fell to its lowest since 2009, according to the World Gold Council. “The coronavirus pandemic, with its far-reaching effects, was the driving factor behind weakness in consumer demand throughout 2020, culminating in a 14% decline in annual demand to 3,759.6 |
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