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.
13 - 17 April |
weekly
forecast 13 - 17
April | ||
2020 | EURUSD | GBPUSD | USDJPY |
17 April | EURUSD trading plan: Negative macroeconomic statistics from China will have a negative impact on the value of the European currency. China's economy shrank for the first time in almost three decades of records in the first quarter, as gross domestic product fell 6.8% in January-March year-on-year. | GBPUSD trading plan: U.K. could face eight to ten waves of the COVID-19 before the population achieves herd immunity, Professor Anthony Costello, a former British director of the World Health Organisation warned, drawing on new research. This followed news the lockdown restrictions would continue i | USDJPY trading plan: Chicago hospital treating severe Covid-19 patients with Gilead Sciences’ antiviral medicine remdesivir in a closely watched clinical trial is seeing rapid recoveries in fever and respiratory symptoms, with nearly all patients discharged in less than a week. The University of Ch |
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