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.
05 - 09 August |
weekly
forecast 05 - 09
August | ||
2019 | EURUSD | GBPUSD | USDJPY |
09 August | EURUSD trading plan: We are expecting a continuation of the bullish rally on the euro. Macroeconomic statistics from the United States on the producer price index will disappoint traders. The decline in prices for metals and energy signals a decrease in PPI. This factor will have a negative impact | GBPUSD trading plan: Good and bad news for GBPUSD. The bad news is the UK GDP report for the second quarter. The decline in business activity in industry and services signals a decline in GDP. British business fears BREXIT. The good news is a negative report on the producer price index in the Unite | USDJPY trading plan: Positive macroeconomic statistics from Japan will have a positive impact on the stock markets. This is a good factor for bulls as there is a correlation between USDJPY and Nikkei 225. Gross domestic product grew an annualized 1.8% in the second quarter. Private consumption, whi |
08 August | |||
07 August | |||
06 August | |||
05 August |