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Fundamental analysis is one of the most complicated and at the same time critical methods of the Forex analysis. A special emphasis in this method is put on reports made by key persons of global economic arena. One of such persons is Mario Drahgi – the European Central Bank President.

Forex Fundamental Analysis

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.

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October
2020 EURUSD GBPUSD USDJPY
23
October

EURUSD trading plan: An uptrend in the precious metals market will have a positive impact on the European currency, as the Euro is correlated with gold. Assets on the balance sheet of the US Federal Reserve reached a new all-time high of $ 7.17 trillion. This factor forces investors to increase the

GBPUSD trading plan: Positive macroeconomic statistics from the UK will have a positive impact on the value of the pound. The volume of goods sold in stores and online gained 1.5% from August, the Office for National Statistics said Friday, beating economists estimates for a reading of 0.2%. Sales

USDJPY trading plan: We are expecting a bullish rally in the US stock market, which will have a positive impact on the value of USDJPY, as assets are correlated with each other. Investors are also keeping an eye on negotiations between House of Representatives Speaker Nancy Pelosi and Treasury Secr

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