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.
21 - 25 April |
weekly
forecast 21 - 25
April Euro From a technical point of view we should expect the EUR/USD growth. The signal to enter the market can become the resistance levels 1.3824, 1.3846 and 1.3867 breakdown as well as the falling to a broken level 1.3700. The main target for the growth is the maximum 1.3905. We do not expe | ||
2014 | EURUSD | GBPUSD | USDJPY |
25 April | |||
Euro The market does not expect surprises from Mario Draghi. There are two weeks to the next meeting of the European monetary regulator and we believe that the head of the ECB will not make a serious statement about the prospects for monetary policy in the region now. The USA will publish a durable goods report. The consumer confidence growth in the first month of spring shows the possibility of | |||
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