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.
EURUSD trading plan: Good and bad news for the Euro. The good news is a bullish rally in the oil market, as there is a correlation between black gold and the Euro. 'OPEC+' - the Organization of the Petroleum Exporting Countries and associated producers like Russia - to deepen output cuts from 1.2 m
GBPUSD trading plan: We are expecting the bullish rally in the British currency to continue. The increase in the index of business activity in the industrial sector signals the publication of a positive report on industrial production of Great Britain. This is positive news for the pound! The posit
USDJPY trading plan: Positive trade talks between the United States and China will have a positive impact on the value of this currency pair. Data released on Sunday showed that Chinese exports declined for a fourth straight month, underscoring the impact of the trade war between the U.S. and China