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.
20 - 24 April |
weekly
forecast 20 - 24
April | ||
2020 | EURUSD | GBPUSD | USDJPY |
24 April | EURUSD trading plan: Negative macroeconomic statistics from the United States will have a positive impact on the value of euro. The Commerce Department said new home sales fell 15.4% to a seasonally adjusted annual rate of 627,000 units last month. The percentage decline was the largest since July | GBPUSD trading plan: Good and bad news for the British currency. Retail sales across the UK have fallen at a record pace under the lockdown, but demand for alcohol has soared - retail sales volume fell by 5.1% in March. That’s the largest monthly fall since the series began, and shows the impact of | USDJPY trading plan: Rates on U.S. dollar loans are falling in the London interbank market, while interest rates on loans are rising in Japanese currency. This is positive signal for Japanese yen, since excess dollar liquidity has a negative effect on the exchange rate of the U.S. dollar. The inter |
23 April | |||
22 April | |||
21 April | |||
20 April |