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.
30 November - 04 December |
weekly
forecast 30 November - 04
December | ||
2020 | EURUSD | GBPUSD | USDJPY |
04 December | EURUSD trading plan: Negative macroeconomic statistics from the United States will have a positive impact on the value of the Euro. U.S. services industry activity slowed to a six-month low in November amid widespread restrictions on businesses to control surging COVID-19 infections. The Institute | GBPUSD trading plan: A bullish rally in the oil market will have a positive impact on the value of the British currency as assets are correlated with each other. The Organization of the Petroleum Exporting Countries and allies agreed at Thursday’s ministerial meeting to ease production cuts by 500, | USDJPY trading plan: Congressional Republicans were pushing for a slimmed-down $500 billion package, which was rejected by Democrats as they argued the case for a bigger price tag. However, a proposed $908 billion bipartisan package was slowly gaining traction in Congress. Progress in developing CO |
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30 November |